IndyRef 7

[ItsAllGoingToBeFine]

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Annie says the cuts will be as of 19th Sept. I'm looking for an explanation of what difference a no or yes vote will make to these planned cuts suggested, if before 26/3/16.

Do you realise they are cutting jobs in Aberdeen? Chevron cutting 225, shell cutting 250? Technip another 100 or so.

And what's in the ground doesn't equal what's recoverable. There is a very big difference!

Of to read cheers

Oil I mean. Gosh this moves fast

TeamScotland deficit is supported by the GERS figures if you would like them?

Is this the right thing?
www.scotland.gov.uk/Topics/Statistics/Browse/Economy/Q/pno/3

Current Budget Balance: In 2012-13, the estimated current budget balance for the public sector in Scotland (the difference between current revenue and current expenditure i.e. excluding capital investment) was a deficit of £14.2 billion (11.2 per cent of GDP) excluding North Sea revenue, a deficit of £13.6 billion (10.6 per cent of GDP) including a per capita share of North Sea revenue or a deficit of £8.6 billion (5.9 per cent of GDP) including an illustrative geographical share of North Sea revenue.

In 2012-13, the UK as a whole ran a current budget deficit, including 100 per cent of North Sea revenue, of £91.9 billion (5.8 per cent of GDP).

Net Fiscal Balance: In 2012-13, Scotland’s estimated net fiscal balance (the difference between public sector revenue and total public sector expenditure including capital expenditure) was a deficit of £17.6 billion (14.0 per cent of GDP) when excluding North Sea revenue, a deficit of £17.1 billion (13.3 per cent of GDP) when including a per capita share of North Sea revenue or a deficit of £12.1 billion (8.3 per cent of GDP) when a geographical share of North Sea revenue is included.

In 2012-13, the equivalent UK position including 100 per cent of North Sea revenue, referred to in the UK Public Sector Finances as net borrowing, was a deficit of £114.8 billion (or 7.3 per cent of GDP).

Some companies Aberdeen are cutting jobs lately because project work has slowed down. This happens every few years in a cycle. The past few years have been manic work wise with massive rate increases. It's not sustainable, therefore the cuts...until things get manic again. I work in the industry and have seen this pattern many, many times.

That's part of it yes - the raw numbers are worth looking at too. We sure ain't running a surplus!

cambio at no point did I say all oil was recoverable. However, shitloads of it is.

...stop me if I get too technical

I mean that in the event of a Yes vote Scotland will need to start the grim reality of looking at where the public spending cuts will be rather than waiting until 2016 to address Scotland's share of the UK deficit. I don't think I'm explaining very well.

Has anyone leaving Scotland if there is a Yes vote considered the practicalities of doing it? For example, if you lose your job or your job is relocated and you have to move to England or even abroad.

What if you can't actually afford to do so? In the event your current property is rendered unsaleable apart from at a price leaving you in massive negative equity? So what you do would be to keep the Scottish property, presumably empty, in the event prices eventually recover, but with barely any money to fund renting in your choice of relocation city. How is that going to work?

And what if the absentee landlord/empty properties lot kick off in Scotland and the Scottish Parliament passes legislation forcing you to rent at a very low rent, or to have your property compulsorily purchased? You won't be able to claim protection from the European Convention on Human Rights, because an independent Scotland won't be a signatory.

Has anyone leaving Scotland if there is a Yes vote considered the practicalities of doing it? For example, if you lose your job or your job is relocated and you have to move to England or even abroad.

Yup. We've known it was a possibility practically since the referendum was announced. I'm not posting our financial situation on MN for the world to see, but we will be able to leave very quickly.

It would be tough for many Chelsy. We're lucky in that we do have a decent amount of equity so it would take a huge drop to wipe us out. I'm well aware that we're unusual in that.

It's one of the things which worries me - those with the best financial standing - equity, savings etc will be able to take the hit and get out and follow their jobs. A lot of companies will help with relocation costs too. But many people will be stuck.

I didn't cut and paste! Unlike the no campaigners on these threads who copy from their better together bible.

They pump out every scare story.

Insult and bully yes voters off threads.

Alistair darling was asked to name job creating powers svotland will get with the union. He had no answer. Better together have no answers to the questions the Scottish people care about.

WM keep their friends in the city in jobs at the expense of Scottish people. Our votes don't count so we don't count.

With an independent voice on the world stage we can prioritise promoting our industries through our embassies and further develop 'brand Scotland'.

A yes vote will be huge free publicity for Scotland's tourism industry.

With our own seat at the EU table we can ensure WM politicians don't throw our fishing industry to the wolves.

We can encourage highly skilled migrants in to work in high value industries.

Scotland has a strong economy and lower unemployment and higher employment than rUK. This continual scaremongering about mass job losses is BT propaganda.

Don't worry I'm right up there with you, but I think not everyone does understand. I think there is a perception that the oil industry is just one big money pot constantly flowing untold riches. It does go through boom and bust periods - and is heavily at the mercy of oil prices, which are controlled by global events outwith our control. It's not a guarantee like some people believe it is and the oil here is getting harder and therefore more expensive to produce.

That's probably worded badly, I am never very eloquent!

Its as well to be prepared (though I think if you haven't sold up its now probably too late for values not to be adversely affected). After all, Ireland and Iceland are very recent examples of small nations suffering economic disasters and subsequent substantial devaluation of property. Lithuania and Estonia are suffering massive depopulation.

Soon too, perhaps Scotland will be joining that elusive small countries club!

Scotland is already getting a reputation as a place unfriendly to business. The Ineos/Grangemouth scandal was almost unbelievable. The tram debacle and subsequent series of rows with German company BilfingerBerger won't have gone unnoticed. The left wing, almost communist politics and move towards collectivism and unionisation is what its becoming known for internationally.

The EU is based on the Four Freedoms, which is classic neo-liberal thought, as is the removal of trade barriers, unfair taxes and licensing regimes, opening up unrestricted competition via the single market, and so on. From what I'm hearing from the Yes supporters on here, it sounds the absolute opposite of current Scottish thinking.

Chelsy In the event of independence I would stay here because it's my home but I think I would feel somewhat exiled, not being a yes voter and feeling culturally attached to the UK, it would be an odd place to be living I think and I'm fearful of a strong sense of Scottishness arising on independence which I can't relate to, being a second generation Scot with history, culture elsewhere, it's simply a alien to me.

We would be looking at 4-5 years to extract ourselves from our 2 education jobs, small business that we run and let the children finish school. We are already moving savings across the border and looking to sell a property in the next year, even taking a hit on it if we have to. We are now, before weatherall and deedee start attacking, rich folks. We both work in the public sector but sold a business at a loss a few years ago and put some money into a house next door which we then couldn't sell.

I doubt we will be much of a loss to the economy, although my results are very good so I hope I would be missed at school. However, we know many, many people who will take huge investments across the border. That is not a threat, it is a reality. People with businesses who create jobs and employ people need to work in a positive economic climate.

It looks like copy and paste when you don't know what's on your own list.

I don't post anything from better together.

SNP were challenged by labour to name a single redistributive policy. They couldn't.

Some of us have developed our own thoughts based on thorough analysis. Don't denigrate it as propaganda. It's beneath you.

I don't thin wolves eat fish weatherall.

Think....

I don't even have a normal bible.
I don't know what you're talking about re bullying, seems to me you give out more than you get
Rest of it, meh can't be bothered, sorry

"God help us all if the scots vote yes"

Please elaborate.

We want cuts!

Cuts to MPs and their expenses

Cut trident/'defence' /illegal wars

Cut hs2

Cut Crossrail

Cut London based civil service

The UK is a very inefficient economy that is being controlled by a government and parliament that is dominated by public school and Oxbridge millionaire men who are career politicians and are totally remote from and disinterested in Scotland.