Had a quick look
http://www.scotland.gov.uk/Publicati.../06/22160331/0 and even with allocating geographic revenue share of oil the Jocks would be in deficit by £3 billion their report concludes. It is possible for them to massively reduce defence spend to offset lost U.K. finance contribution.
A total of about £55 billion is the revenue in 2009 but there is a decline in recent years. Oil price increase does equate to quite a dramatic revenue rise and this offsets on land revenue reduction.
Expenditure/head looks to be about 11.5% higher than U.K. average and this would have to be reduced.
In conclusion without North Sea revenue the Jocks will be fooooookin skint ;D and would be another future bail out bandit for the EU.
Problem with Salmond is he cannot see this although he has achieved much in his role as Premier Big Gob....where's all the pies weee Alex :-*
Is the pub open ????? ;D