SNP hits at £814m budget cut as Scots oil ‘keeps UK afloat’

By Tim Pauling

Published: 11/12/2009

The chancellor stands to rake in an extra £10billion in North Sea oil revenues over the next few years, it has emerged.

Figures in the pre-Budget report show the Treasury could collect £50billion between 2009-10 and 2014-15.

The SNP seized on the figures to criticise Alistair Darling for cutting the Scottish budget by £800million and failing to give Edinburgh permission to bring forward £350million from the 2011-12 budget for capital projects.

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