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Why reversing Brexit and rejoining the EU could take a decade and cost the UK an extra £5.6bn a year (www.msn.com)

submitted 1 year ago by CAVOK@lemmy.world to c/europe@feddit.de

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Current trajectory points to 40-100bn pounds in lost tax revenue per year.

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[–] El_Kingo@lemmy.world 1 points 1 year ago (1 children)

Yeah, you could very well be right! Would you, on the other hand not think their oil reserves etc are enough to be able to finance themselves? (genuine question, I don't know enough about the situation!)

[–] AlpacaChariot@lemmy.world 3 points 1 year ago

One of the criticisms of the original indie plan was it assumed quite a high price for oil, which has since crashed, which would have blown a massive hole in Scotland's finances because it was a large part of the theoretical income of the country. Probably falls into the "nice to have" category and not in the "structure your public spending based on it" category.