John Swinney is the current First Minister of Scotland (Image: Getty)
Scotland's deficit has grown by nearly ￡5billion over the past year, according to new figures, bringing it to more than twice the size of that of the UK's - dealing one last crushing blow to the SNP and its allies.
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The data highlights the "clear and undeniable benefit of the remaining part of the UK”, in a huge blow to the Nats' dreams of Scottish Independence, 10 years on from the "once in a lifetime" referendum back in 2014.
Including revenues from North Sea oil and gas, the Government Expenditure and Revenue Scotland (GERS) report—compiled by the SNP Government—revealed a net fiscal deficit of ￡22.68bn for 2023-24, up from just over ￡18bn the previous year.
As a percentage of GDP, Scotland's deficit rose from 8.4 percent to 10.4 percent, while the overall UK deficit decreased during the same period. Meanwhile, total revenue for the Scottish Government increased from ￡86.9bn to ￡88.5 billion.
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Additionally, UK Government spending per person in Scotland is ￡2,417 higher than in the rest of the UK, with an average of ￡20,418 spent per person north of the border. While Scotland represents about 8.2 percent of the UK population, it accounts for 9.1 percent of UK public spending - yet again proving the Scotland is better of as part of the Union.
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Nicola Sturgeon has been an advocate of Scottish Independence (Image: Getty)
It comes after the SNP suffered a humiliating General Election defeat last month, losing its position as the third-largest party in Westminster and losing the vast majority of its MPs to Labour.
UK Government Minister for Scotland Kirsty McNeill said: “These figures underline the collective economic strength of the United Kingdom. By pooling and sharing resources across the UK, Scots benefit by ￡2,417 more per head in public spending than the UK average.
“That means more money for schools and hospitals, if the Scottish Parliament chooses to invest in those areas.
“Ensuring economic stability and then delivering economic growth are two of the driving missions of the UK Government.
“We have reset relationships with partners across the UK, and want to work closely with the Scottish Government to produce better results for people in Scotland."
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Alastair Cameron, chair of Scotland in Union, said: “The fiscal transfer to Scotland means billions of pounds of extra money for vital public services like the NHS and schools.
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“That is the clear and undeniable benefit of remaining part of the UK, which is the positive future for our country chosen by the people of Scotland.
“The negative vision of the SNP and the Scottish Green Party would result in less money being available for services that so many people rely upon. In the 2026 Holyrood election we will have an opportunity to vote the nationalists out and build an even brighter future for Scotland.”