I’ve just posted this wee extract from Energy Voice to show how the GERS figures might have been headlined in MSM headlines. Here’s a wee bit of what they said:
‘Scotland’s deficit has been cut to £13.3billion over the past year. Much is due to positive developments in the oil sector. Oil receipts rose for the first time since 2011, growing from £56million in 2015-16 to £208million in 2016-17, according to the latest Government Expenditure and Revenue Scotland (Gers) figures.’
Needless to say you don’t want to read on, as Nicola tamely accepts we need to do better and for reasons I am not clearly not party to, doesn’t mention it would have been a whole lot better if the oil majors had been taxed the way every other producing country did and we’d have had no debt at all. Apologies if I’m overdoing this link but the story really needs to be spread on this scandal.