
Scotland’s Public Spending Deficit Widens as North Sea Revenues Decline
Official figures reveal a deeper fiscal gap, with oil and gas income down for a second year and higher per-capita spending than the UK average. Deficit Hits £26.2 Billion in 2024-25 Scotland’s public spending deficit has risen sharply, climbing from £21.4 billion to £26.2 billion over the last financial year, according to the latest Government Expenditure and Revenue Scotland (GERS) report. The figures show a widening gap between the taxes raised in Scotland and the amount spent on public services and benefits for its residents. That translates to £21,192 spent per person — almost £2,700 more than the UK-wide average…