Dear Editor,
I, Dhruva Kumar, Former MP Candidate for Glasgow South, write with great concern about the publication of the latest Government Expenditure and Revenue Scotland (GERS) report.
At present, it doesn’t paint a pretty picture, with a fiscal deficit of £26 billion in 2024-25, equivalent to nearly 12% of Scotland’s GDP. The UK figure is larger in cash terms, unsurprisingly, but significantly smaller in relative terms at around 5% of GDP.
Once again, we are treated to the annual ritual of the GERS figures, paraded as though they were a true reflection of Scotland’s finances. The reality is very different.
Every year, the GERS report is wheeled out to suggest Scotland is running a deficit too large for independence. But GERS doesn’t measure the finances of an independent Scotland—it measures Scotland under Westminster rule.
GERS is not an account of what an independent Scotland would look like. It is a snapshot of Scotland under Westminster control. The figures are compiled largely by the UK Treasury, riddled with estimates and assumptions, and loaded with spending on projects that bring no benefit to Scots – from HS2 in England to Trident nuclear weapons on the Clyde.
Meanwhile, Scotland’s vast revenues from oil, gas, whisky, renewables, and exports are understated, or simply swallowed up into UK-wide accounts. The result is a manufactured “deficit” that is then used to tell us we are “too poor” to be independent.
If Ireland had listened to London’s version of its accounts in 1922, it would never have left the Union. Today, Ireland is more prosperous than the UK. The lesson is clear: the only deficit Scotland truly suffers is the deficit of self-government.
We will not accept Westminster’s rigged figures as gospel. Scotland is one of the most resource-rich nations in Europe. With independence, we can build an economy designed for our people, instead of living with a balance sheet designed to keep us in our place.
Yours sincerely,
Dhruva Kumar