🚨 Scotland’s deficit has reduced by more than 10 percentage points from last year, but it is twice that of the UK as a whole

Aug 24, 2022

Scotland’s deficit has reduced by more than 10 percentage points from last year, but it is twice that of the UK as a whole.

Scotland’s deficit has reduced by more than 10 percentage points from last year, but it is twice that of the UK as a whole

The annual Government Expenditure and Revenue Scotland (GERS) report showed Scotland’s 2021/22 deficit at 12.3 per cent of GDP (gross domestic product), down from last year’s figure of 22.7 per cent.

FULL STORY: Scotland’s deficit has reduced by more than 10 percentage points from last year, but it is twice that of the UK as a whole

Deputy First Minister John Swinney has cited the North Sea windfall tax amid arguments over deficits outlined in the latest GERS figures


	GERS figures: Why Scotland's deficit is falling faster than UK Government - John Swinney

	The Government Expenditure and Revenue Scotland figures for 2021/22 published this morning show Scotland’s fiscal position is recovering faster than the UK’s in the wake of the pandemic.

GERS figures: Why Scotland's deficit is falling faster than UK Government - John Swinney

What is GERS, why are the Scottish GERS figures important and politically controversial?

Today the Government Expenditure and Revenue Scotland (GERS) will be published – but what is GERS, why does it matter and why is today such an important day in Scottish politics?



	View more news