North Sea taxes not likely to rise in independent Scotland claims Chief Treasury Secretary
Chief Treasury Secretary Danny Alexander has admitted that North Sea taxes are already 'pretty high' and not likely to rise if Scotland becomes independent.
Chief Treasury Secretary Danny Alexander has admitted that North Sea taxes are already 'pretty high' and not likely to rise if Scotland becomes independent.
Aberdeen could lose the new oil regulator being set up in the wake of the Wood Review to Newcastle if Scotland votes for independence.
International oil body Opec should move its headquarters to Aberdeen if Scotland becomes independent, it was claimed yesterday.
A leading academic yesterday described the SNP’s 18-month timetable for a divorce settlement between Scotland and the rest of the UK as “very, very tight”.
Professor John Howell, chair in geology and petroleum geology at Aberdeen University, explains why a 'Yes' vote is the only answer.
UK Government Energy Minister Michael Fallon has insisted major North Sea projects which underpin Britain’s energy security are “only possible” thanks to the union.
An independent Scotland’s first annual pension bill would be “three times the income from oil”, according to former prime minister Gordon Brown.
Mixed figures emerged yesterday highlighting the fragility of Scotland’s economic recovery and its impact on jobs.
Dumping a share of the UK’s debt would be worth twice as much to an independent Scotland as North Sea oil, according to academics.
The UK Energy Secretary has warned that the “uncertainty and disruption” of Scottish independence would seriously affect progress in the economy and energy sector.
Academics have cast doubt on whether an independent Scotland could build up an oil fund to manage fluctuating offshore tax revenue.
The boss of one of the North Sea’s biggest engineering companies has urged Scots voters to reject independence.
A report for a Scots engineering group has warned that leaving the UK would create “a number of costs and uncertainties” for business with “fewer, more uncertain benefits”.
Remaining part of the UK gives Scottish companies “more opportunities to thrive” and create jobs, Alistair Darling has said.
Exclusive: Nick Clegg sparked a major new coalition row last night after claiming the Tories had played no role in delivering tax cuts on whisky, petrol and diesel and North Sea oil and gas.
The Finance Secretary has promised to update figures on oil revenues after claims they were “inflated” to support the economic case for independence.
The Scottish Government is facing renewed calls to update “inflated” figures on oil production.
Westminster will seek to renegotiate renewable-energy targets and increase UK reliance on nuclear power instead if Scotland votes for independence, the UK energy minister said yesterday.
The chief executive of oil company Shell said last night that he would like Scotland to “remain part of the UK".
The economic outlook for an independent Scotland looks better than previously forecast provided it continues with the UK chancellor’s spending squeeze, according to economists.
For those of us who despair of the current focus of political debate in Scotland, Monday, February 24, confirmed our fears and should act as a severe warning for the months and years ahead.
Scottish energy firms could miss out on the benefits of a vital trade deal between the US and Europe if Scotland becomes independent, the UK Government’s consul in Houston has claimed.
David Cameron was flown out to an oil and gas platform 150 miles offshore yesterday as the “vital” North Sea industry took centre stage in the independence battle.
The oil and gas industry is literally the powerhouse of the UK economy.
The new Energy Department for an independent Scotland will be co-headquartered in Aberdeen and Glasgow, First Minister Alex Salmond said yesterday.