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Scottish tax and spend figures published Scottish public spending deficit rises, say latest Gers figures
(35 minutes later)
The balance between spending and taxation in Scotland has shifted deeper into the red, according to the latest Scottish government figures. The size of Scotland's public spending deficit has risen, according to the latest Scottish government estimates.
In the last financial year there was a deficit of more than £12bn, according to the Government Expenditure and Revenue Scotland (Gers) data. In the last financial year the figure rose to more than £12bn, becoming larger than the deficit for the UK as a whole.
Including a share of oil and gas, the deficit rose to an 8.3% share of national income. Scottish First Minister Alex Salmond said 2012-13 tax revenue was £800 higher per head in Scotland compared with the UK.
The equivalent figure for the whole of the UK last year was 7.3%. He said the figures showed Scotland was one of the world's richest countries.
The £12bn figure, reported in the Government Expenditure and Revenue Scotland (Gers) data, included tax from oil and gas fields in Scottish waters and capital spending.
It represented a rise from 5% of national output the previous year, to 8.3% in the 2012-13 financial year, compared with a deficit of 7.3% for the UK as a whole that year.
Gers, a guide to the health of Scotland's public finances, contain estimates of Scottish government spending, as well as the share of Whitehall budgets received by Scotland.
The figures are also a key pointer to the balance of taxation and spending if voters were to choose Scottish independence in the 18 September referendum.
The statistics, covering 2012-13 said: