independence

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Alex Salmond takes questions on oil price, Trump in first radio call-in show

Alex Salmond has been quizzed on the price of oil in his first phone-in show for LBC Radio. The former First Minister’s first caller, a man named Paul from St Albans, asked him how Scotland could still succeed independently at the current low oil price. He said: “You based your financial security in Scotland on the oil price of about $110 a barrel – I notice it’s trading at around $30. How would Scotland be now if you’d succeed in gaining independence?”

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Scottish Secretary: Independence oil figures out by £15.5billion

The Scottish Government’s oil revenue forecast for the first three years of independence is now out by £15.5 billion, according to the Scottish Secretary. Alistair Carmichael said the latest UK Government analysis showed that 100 days after the referendum, an independent Scotland would have been facing the shortfall following a drop in oil prices. He said “serious questions” now needed to be asked about how the SNP administration “got this so badly wrong”.