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- McCrone_report abstract "The McCrone report is a UK Government document which was written and researched in 1974 on behalf of the British Government of the day (Conservative, led by Edward Heath). It was composed by Professor Gavin McCrone, an employee of the Scottish Office, at St. Andrew's House in Edinburgh.The eighteen-page report focused on the likely effects of North Sea oil revenue on the economic viability of an independent Scotland. Professor McCrone predicted that North sea oil revenue would make an independent Scotland \"as rich as Switzerland\", giving the country a large tax surplus, on such a scale as to be \"embarrassing\". He also surmised that this surplus revenue would make the Scottish pound the hardest currency in Europe \"with the exception of the Norwegian kronor\".The document was completed in early 1974, just prior to the February 1974 general election, which produced a 'hung parliament' with Harold Wilson as Prime Minister. Another general election was called for October 1974, which gave the Labour party a slim majority in Westminster, whilst the SNP recorded 30% of the Scottish vote, their best ever result at that time.After discussions between St. Andrews House and the Cabinet Office in London, Prof. McCrone passed the report on to the new Labour government on 23 April 1975, along with a covering letter. The covering letter is the source of the oft-quoted phrase about \"taking the wind out of the SNP’s sails\"; Prof. McCrone was here outlining what actions he believed would be necessary to prevent support for the SNP from growing further.The report was classified as 'secret' by civil servants at the time, and successive UK Governments kept it so, over fears that McCrone's findings would give a further boost to the SNP's policy of Scottish independence.In 1975, a year after Professor McCrone had written his report, civil servants met in London to discuss its implications. They concluded that his findings had been accurate, and that the average income in Scotland would increase by up to 30% per head if the country became an independent state. They also concluded that Scotland's \"economic problems would disappear\", and it would become \"the Kuwait of the Western world\", though this was balanced somewhat by the opinion that Scotland could risk \"disaster\" if the oil price collapsed. The civil servants summed up by finding that there was \"a good case for the continuation of the Union.\" The report came to light in 2005 when the SNP obtained several UK Government papers under the Freedom of Information Act 2000. The full provisions of the Act came into force on 1 January 2005.UK oil production peaked in 1999 and had declined 67% by 2012, but petroleum still contributed £35bn to the UK balance of payments in 2011. The UK government took an estimated £6,530m in direct petroleum taxes in 2012-13 plus £6bn in income tax, national insurance and corporation tax from supply companies in 2011-12. As of 2012, around 45% of UK oil & gas employees were located in Scotland. The North Sea oil and gas industry as a whole contributed £35 billion to the UK Treasury in 2014. In his evidence to the Lords Committee on the Economic Implications of Scottish Independence in 2012, Professor McCrone stated that Scotland's GDP would increase by around 20% if North Sea oil were counted as part of it.In an interview for Holyrood Magazine on the 19th of May 2013, ex-Labour chancellor Denis Healey (who served in the Cabinet at the time the McCrone Report was submitted) stated: \"I think we did underplay the value of the oil to the country because of the threat of [Scottish] nationalism... I think they [Westminster politicians] are concerned about Scotland taking the oil, I think they are worried stiff about it.\"".
- McCrone_report wikiPageExternalLink how-black-gold-was-hijacked-north-sea-oil-and-the-betrayal-of-scotland-518697.html.
- McCrone_report wikiPageExternalLink mccronereport.pdf.
- McCrone_report wikiPageExternalLink 12012538003285.
- McCrone_report wikiPageExternalLink North-Sea-oil-gave-Scotland-massive-budget-surplus-say-Government-records.html.
- McCrone_report wikiPageExternalLink still-raising-eyebrows.
- McCrone_report wikiPageExternalLink MccronereportScottishOffice.pdf.
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- McCrone_report wikiPageLength "7512".
- McCrone_report wikiPageOutDegree "19".
- McCrone_report wikiPageRevisionID "701741395".
- McCrone_report wikiPageWikiLink Balance_of_payments.
- McCrone_report wikiPageWikiLink Category:1974_in_British_politics.
- McCrone_report wikiPageWikiLink Category:1974_in_Scotland.
- McCrone_report wikiPageWikiLink Category:1974_works.
- McCrone_report wikiPageWikiLink Category:Constitution_of_the_United_Kingdom.
- McCrone_report wikiPageWikiLink Category:North_Sea_energy.
- McCrone_report wikiPageWikiLink Category:Political_history_of_Scotland.
- McCrone_report wikiPageWikiLink Category:Reports_of_the_United_Kingdom_government.
- McCrone_report wikiPageWikiLink Commission_on_Scottish_Devolution.
- McCrone_report wikiPageWikiLink Denis_Healey.
- McCrone_report wikiPageWikiLink Dutch_disease.
- McCrone_report wikiPageWikiLink Edward_Heath.
- McCrone_report wikiPageWikiLink Freedom_of_Information_Act_2000.
- McCrone_report wikiPageWikiLink Government_Expenditure_and_Revenue_Scotland.
- McCrone_report wikiPageWikiLink Harold_Wilson.
- McCrone_report wikiPageWikiLink North_Sea_oil.
- McCrone_report wikiPageWikiLink Resource_curse.
- McCrone_report wikiPageWikiLink Scottish_National_Party.
- McCrone_report wikiPageWikiLink Scottish_independence.
- McCrone_report wikiPageWikiLinkText "McCrone report".
- McCrone_report wikiPageWikiLinkText "report from Scottish Office economist Gavin McCrone".
- McCrone_report wikiPageUsesTemplate Template:About.
- McCrone_report wikiPageUsesTemplate Template:Reflist.
- McCrone_report subject Category:1974_in_British_politics.
- McCrone_report subject Category:1974_in_Scotland.
- McCrone_report subject Category:1974_works.
- McCrone_report subject Category:Constitution_of_the_United_Kingdom.
- McCrone_report subject Category:North_Sea_energy.
- McCrone_report subject Category:Political_history_of_Scotland.
- McCrone_report subject Category:Reports_of_the_United_Kingdom_government.
- McCrone_report hypernym Document.
- McCrone_report type Book.
- McCrone_report type Work.
- McCrone_report type Work.
- McCrone_report comment "The McCrone report is a UK Government document which was written and researched in 1974 on behalf of the British Government of the day (Conservative, led by Edward Heath). It was composed by Professor Gavin McCrone, an employee of the Scottish Office, at St. Andrew's House in Edinburgh.The eighteen-page report focused on the likely effects of North Sea oil revenue on the economic viability of an independent Scotland.".
- McCrone_report label "McCrone report".
- McCrone_report sameAs Q6800711.
- McCrone_report sameAs m.0b6f9dw.
- McCrone_report sameAs Q6800711.
- McCrone_report wasDerivedFrom McCrone_report?oldid=701741395.
- McCrone_report isPrimaryTopicOf McCrone_report.