đ Fact Vs Fiction Final Article â The Verdict: Scotlandâs Wealth, Their Lies â Backed by the Numbers
This is the hard evidence Westminster doesnât want you to read.
After 20 articles, peeling back the layers of spin, half-truths, and colonial gaslighting, itâs time to settle this once and for all â with data, not drama.
This isnât a rant. This is the hard evidence Westminster doesnât want you to read.
Weâre not asking you to trust opinions. Weâre asking you to follow the money, check the sources, and decide for yourself: Is Scotland too poor to be independentâor too rich to be controlled?
1ď¸âŁ Scotlandâs Fiscal Contribution vs Spending
đ ONS (Office for National Statistics):
Scotland generated ÂŁ66.3 billion in onshore revenue (excluding North Sea oil) in 2022-23.
Including North Sea oil: ÂŁ79 billion in total revenue.
Thatâs ÂŁ14,000 per headâamong the highest in the UK.
đ Public Expenditure in Scotland (GERS 2023):
Spending in Scotland: ÂŁ106.6 billion
Who controls the spending? Not ScotlandâUK Treasury does.
Much of this includes non-identifiable UK-wide costs (HS2, Trident, UK embassies, Whitehall departments).
đ Fact Check: The so-called âdeficitâ is not a result of Scottish inefficiencyâitâs Westminsterâs accounting system, assigning costs we didnât agree to and benefits we donât receive.
2ď¸âŁ Oil & Gas â Who Really Benefits?
đ North Sea Revenue (2022-23):
ÂŁ9.4 billion in tax receiptsâ93% from Scottish waters.
Only 8% of North Sea oil revenue is allocated to Scotland in GERS.
The rest? Claimed by UK Treasury.
đ Source: Scottish Government & HMRC Scotland has produced 10% of the worldâs oil from 0.1% of its populationâyet weâre told we canât afford basic services?
đ Reality Check: Norway used its oil to build a sovereign wealth fund worth $1.6 trillion. The UK used it to fund tax cuts in the 1980s.
3ď¸âŁ Energy Export Giant â Unpaid and Unrecognised
đ Scotlandâs Renewable Output (UK Government BEIS, 2023):
Scotland generates 25% of the UKâs renewable electricity.
In 2022: Exported 36.6 TWh (enough to power 10 million homes).
đ Grid Costs (Ofgem):
Scotland pays the highest transmission charges in Europe, while London gets paid to take power.
đ Truth Bomb: We produce more energy than we consume, get penalised for it, and see the profits funnelled south.
4ď¸âŁ Fishing and Food Exports â Hooked and Gutted
đ Scotlandâs Food and Drink Exports (Scottish Government, 2023):
Worth ÂŁ8.1 billion annually.
ÂŁ1.1 billion from whisky alone.
Seafood exports: 63% of UKâs total seafood exports.
đ Post-Brexit Losses:
Scottish seafood sector lost ÂŁ120 million in 2021 alone due to border delays.
Trade deals signed by UK gov excluded Scottish interests.
đ Economic Impact: Scotland is resource-rich and strategically located, yet has no trade policy of its own.
5ď¸âŁ Education, Innovation & Tech
đ Higher Education Exports (HESA 2022):
Scottish universities generate ÂŁ1.94 billion in income from international students.
Edinburgh ranks 4th in the UK for research output.
Scotland punches above its weight in life sciences, fintech, AI, and renewables.
đ R&D Investment Per Head (UK Gov 2022):
London: ÂŁ154
South East: ÂŁ147
Scotland: ÂŁ71
đ Conclusion: Our innovators build the futureâbut the funding goes elsewhere.
6ď¸âŁ Austerity by Design â The Wealth Extraction Model
đ UK Wealth Inequality (IFS 2023):
The UK is one of the most regionally unequal economies in the developed world.
Scotlandâs productivity is on par with the UK average, yet receives less investment and infrastructure spending.
đ ONS Regional GDP Per Head (2023):
Scotland: ÂŁ35,000
North East England: ÂŁ28,000
London: ÂŁ59,000
đ Key Point: Weâre not subsidisedâweâre being strip-mined and told to be grateful.
7ď¸âŁ International Comparisons â The âToo Weeâ Myth Dies Here
Letâs compare countries with a similar population to Scotland (~5.4 million):
Denmark, Finland, and Ireland are all independent nations, each with robust economies reflected in their nominal GDP figures. Denmark, with a GDP of $455 billion, operates under the Danish Krone and maintains a sovereign wealth fund known as the ATP Fund. Finland, with a GDP of $331 billion, utilizes the Euro and also has a sovereign wealth fund. Ireland, independent since 1922, boasts a GDP of $594 billion and manages its assets through the Ireland Strategic Investment Fund (ISIF). In contrast, Scotland, as part of the United Kingdom, has an estimated nominal GDP of $265 billion but lacks both sovereignty and a dedicated sovereign wealth fund. Although Scotland uses the Pound Sterling, it does not exercise direct control over its currency.
*Scotlandâs estimated GDP from GERS & ONS data
đ Message: Scotland doesnât lack the means. It lacks the mechanisms of control.
Conclusion: The Numbers Are In â The Union is the Problem
The data speaks. Every sector, every source, every analysis leads to one conclusion:
Scotland is not too poor to be independent. Scotland is too valuable to be let go.
The current system is not brokenâitâs working exactly as intended: To centralise wealth, power, and control in Westminster and leave Scotland dependent by design.
Itâs not about what weâd gain by leaving. Itâs about what weâre losing by staying.
đ Sources & References (All Verifiable)
â Office for National Statistics (ONS)
â Government Expenditure and Revenue Scotland (GERS)
â HM Revenue & Customs (HMRC)
â Scottish Government National Statistics
â UK Parliament Library Reports
â House of Commons Treasury Committee
â IFS (Institute for Fiscal Studies)
â BEIS Energy Trends Report
â HESA Education Export Data
â Ofgem Grid Costs Report
â OECD Country Profiles
â World Bank, IMF Economic Indicators
đ˘ The Peopleâs Assembly Summit â Be Part of Scotlandâs Future
The facts are clear. The numbers are in. Scotland has the wealth, the talent, and the global position to forge its own pathâbut only if we take action.
Thatâs where YOU come in.
The Peopleâs Assembly Summit is more than a gatheringâitâs a movement. A national convention where Scotlandâs people, industries, and communities come together to shape the future on our own terms.
â Hear directly from economic experts
â Challenge the myths that hold Scotland back
â Build the foundation for a Sovereign Transition Fund
â Be part of Scotlandâs next great transformation
This is your chance to make history.
đĄ Sign up now to secure your place.
đ Get your tickets for the Peopleâs Assembly Summit.
đ Join the national conventionâbecause Scotlandâs future wonât wait.
Itâs time to move beyond debate and start making decisions.
Will you be there when Scotland decides?