My worry about losing the Queen

My worry about losing the Queen would be that she would still be entitled to take money from the Crown Estates. I hope when negotiations are taking place after the referendum, that the SNP would not go soft on this and on a number of other matters, like being over generous with the entitlement of North Sea Oil and the sea bed.

It will be extremely interesting to see what position the Scottish Unionists at Westminster will take when negotiations are going on. Will they continue to undermine any benefits to the Scottish economy from the division of assets, as they have being doing since the year dot, or will they come on board, having lost the argument for independence?

The Queen doesn't get any money from the Crown Estates - she gets money from the Civil list. The Royal Family haven't received any money from the crown estate since 1760 when George III gave it up in exchange for the civil list grant

In George Osborne's first budget he decreed that the Queen should get 15% of all the revenue taken in by the Crown Estates, bringing her income up to £65m per annum.

This is money that comes from licencing all on shore and off shore activities. It applies to harbours, Oil exploration, wave generators and wind turbines. It was neatly done by Mr Osborne as there was a whole new source of income forthcoming from the renewables industry.

Perhaps there is an excuse for you being ignorant of this as it was in the small print of the budget and not announced in Parliament, in an attempt to conceal it from the public.

The Crown Estates money from Scottish waters was taken away from Scotland some years ago (in effect filched) and now goes directly into the treasury to be handed out like sweeties to the weans now and again.

On another matter. The new sewer in London was in the news today. Scotland is entitled to consequentials under the Barnett formula when England spends money on infrastructure projects. However in the case of this new sewer for London the government has decided to take the money to finance it from a special reserve budget which, apparently, is used only in exceptional circumstances. The fund hasn't been used for decades, yet here is the UK government taking many millions from it for London's new sewer.

The point about it is, it does not qualify for consequentials so that Scotland, Wales and Ireland get nothing. London builds itself up on the back of taxation from the rest of the UK. Another scam from central government.

Viewing 12617 | Added in August 13, 2013




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