Fraser Nelson Fraser Nelson

Collapse in North Sea revenues destroys the SNP’s economic argument

[audioplayer src=”″ title=”Fraser Nelson, Isabel Hardman and James Forsyth discuss today’s Budget”]


[/audioplayer]Alex Salmond had planned 24 March 2016 as his independence day and the budget he published during the Scottish independence referendum envisaged it having up to £7.5 billion of oil to spend. Today’s Budget shows that the figure will, instead be zero: precisely 100 per cent less than what the SNP had told Scots.

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