🏴 #GERS: Scotland’s notional deficit is falling faster than the UK’s, with onshore revenues increasing by 5.1% to reach £61.3 billion in 2018-19 as a result of continued economic growth.
📈 #GERS: Scotland benefitted from a £3 billion increase in onshore revenues in the last year – the fastest growth since 2010-11 as the overall notional deficit fell by £1.1 billion to 7.0% of GDP, down from 8%, in 2018-19.
📉 #GERS: Scotland’s deficit is falling faster than the UK's due to Scotland’s better economic performance (1.1% compared to 0.9%).
👍 #GERS: Scotland’s revenue is enough to cover all devolved spending as well as all spending on pensions and other social protection.
🇪🇺 This progress is being made by the stewardship of @ScotGov, but it's being put under threat by incompetent Tories and Brexit chaos.
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.
