The New Fat Scotland 'Thanks for all the Fish' Thread.

Thrugelmir

antrobus wrote: »

What transition? North Sea oil revenues go to the UK Treasury. At present it doesn't matter whether they are £0 or £10 billion, the Scottish fiscal deficit will still be covered by (mainly) English tax payers.

Part of the North Sea falls within rUK waters.

antrobus

Thrugelmir wrote: »

Part of the North Sea falls within rUK waters.

Indeed it does. The Scottish fiscal deficit is calculated using a geographical share of oil revenues, which varies, and has been falling apparently due to the level of capital investment.

http://www.gov.scot/Publications/2016/08/2132/331647

Although I'm not sure it matters all that much at the moment. £76 million quid is diddly squat in fiscal terms no matter what share you claim is yours.:)

Arklight

cogito wrote: »

Meanwhile, Mrs Krankie leaves Brussels empty handed after just 45 minutes.

http://www.express.co.uk/news/world/828136/Nicola-Sturgeon-EU-Brussels-Barnier-Brexit-Jeremy-Corbyn

Time to do a bit of shopping.

She's doing better than Theresa May then.

elantan

I've noticed a lot of the yes groups are mobilising again ... now that I'm finished uni ( got a distinction) I may consider upping my yes time ...


Loving watching the plans being made

kabayiri

antrobus wrote: »

...
What transition? North Sea oil revenues go to the UK Treasury. At present it doesn't matter whether they are £0 or £10 billion, the Scottish fiscal deficit will still be covered by (mainly) English tax payers.
...

The transition to other income sources. Like other parts of the UK, Scotland will need to find new revenue sectors. They can't rely on RBS returning to the size and profitability it was.

They need a wider range of high quality jobs, and more of them outside a PS being squeezed hard.

If you are being subbed by Westminster, the timeline is a little more relaxed, of course.

Thrugelmir

kabayiri wrote: »

They can't rely on RBS returning to the size and profitability it was.

RBS is shrinking to the size it was. Suggestions are that it'll be another decade yet before full privatisation. Still not clear of the fines.

cogito

kabayiri wrote: »

The transition to other income sources. Like other parts of the UK, Scotland will need to find new revenue sectors. They can't rely on RBS returning to the size and profitability it was.

They need a wider range of high quality jobs, and more of them outside a PS being squeezed hard.

If you are being subbed by Westminster, the timeline is a little more relaxed, of course.

Hoping that the other income source will be the EU. Funny that Sturgeon is screaming about Westminster taking back devolved powers from Brussels when she just wants to hand them back again. That will go down well with the fishermen.

Shakethedisease

cogito wrote: »

Hoping that the other income source will be the EU. Funny that Sturgeon is screaming about Westminster taking back devolved powers from Brussels when she just wants to hand them back again.

Trouble is that Westminster is actually truly going to have to take powers back from the devolved governments. How a weakened May govt does that is so far uncertain, as well as the political fallout of any attempts to do so.

That will go down well with the fishermen.

Not as well as this is...

Former Tory MEP Struan Stevenson warns of Brexit farm 'meltdown'

Mr Stevenson, who stood down from the European Parliament in 2014, said: "Farmers and landowners, far from benefiting from new worldwide trade deals promised by the arch-Brexiters, will see their markets decline sharply as competition from cheap imports expands. Subsidies will disappear. Land values will collapse.

"Most farmers have thin margins, if they have any margins at all. The European Commission estimates that land prices would fall by 30% if farm subsidies were totally abolished in the UK and they would fall sharply if subsidies were reduced.
"For farmers who have taken out bank loans against the value of their land, a loss of value would be fatal."

He pointed out that many UK farmers currently receive 60% of their income from EU subsidies, and urged the government to commit to maintaining subsidies beyond 2020. He added: "The Brexiters also claim that the EU's protectionist policies discriminate against cheap food imports and force up food prices for British consumers. In other words, they want cheaper food following Brexit.

http://www.bbc.co.uk/news/uk-scotland-scotland-politics-40579964

Lightbulb moments starting to hit rural Tory Scotland. Was always going to happen.

antrobus

ilovehouses wrote: »

It's not 'Westminster' - it's the government. The way they do it is to get the repeal bill through. It explicitly gives the government extraordinary powers over parliament as well as the devolved governments for two years.

I suspect the DUP will be renegotiating their bonus scheme at the time and it'll sneak through.

For some strange reason SNPers always refer to the UK government as 'Westminster'. I'd guess that it's because they like to try and forget that it's as much their government as any other part of the UK.

In any case, Parliament is sovereign. Whatever 'powers' Parliament grants the government can be ungranted by Parliament whenever it wants to.

elantan

How can Westminster be shorthand for English when it is in fact longer ?