Wednesday, December 30, 2009
SCOTLAND BEATS MOST OF ENGLAND
The UK government makes more money in tax from Scotland's North Sea oil than it makes from the UK's financial services industry.
England relies on Scotland.
Scotland, under a Scottish National Party government, has been performing better than most parts of the UK.
GDP Growth in UK regions 2000-2010
Scotland 2.2 %
South West of England 2.1%
English East Midlands 2.0 %
South East of England 1.8%
North East of England 1.6%
England's Yorkshire & Humberside 1.6%
North West of England 1.3 %
English West Midlands 1.1 %
Tony Blair's Labour government has been a disaster for the economy in England.
In the UK as a whole, in the years 2000 -2010, GDP rose by 1.7 % annually, the UK’s weakest performance since the 1940s.
In the UK as a whole, output in manufacturing contracted during the years 2000-2010, declining by an average of 1.2 per cent each year
(Noughties growth slowest since the war)