Nicola Sturgeon chose to jump on a Scottish government report yesterday which claimed the Scottish economy would be hit hardest by Brexit, in a bid to shift the blame for Holyrood’s nose-diving oil revenues caused by economic incompetence. Sturgeon claimed:
“The only way to protect Scotland’s economy – and the clear benefits which come from being part of the world’s biggest single market – is to work to ensure we protect our relationship with the EU.”
Sturgeon led the SNP’s moratorium on fracking just before and during the oil-price plummet, leading to the bottom falling out of the Scotland’s public finances when the more expensive North Sea oil was unable to compete. The official government revenue report today shows a drop of 97% in oil revenues, from £1.8 billion to just £60 million in a year. Nicola, calling for a second independence referendum to prevent a maximum loss of £3.7 billion a year to the public finances, already presides over a deficit of nearly £15 billion a year. What do you say, Merkel – fancy welcoming another Greece to the EU?