The Guardian | Scottish deficit grows to nearly £15bn as oil revenues collapse The Guardian The gap between Scotland's public spending and tax revenues has widened, with the crash in global oil prices leading to a deficit of nearly £15bn. The latest official data shows that Scotland's structural deficit was more than twice that of the UK last ... Scotland's North Sea oil revenues plunge 96pc in a year Nicola Sturgeon's Scottish independence dream in tatters as oil revenue plunges Oil slump outweighs Scotland's onshore economic growth |