Kevin Hague

Kevin Hague

@kevverage.bsky.social

Investor/chair of a couple of Scottish businesses; chair of constitutional think tank These Islands; keen analyst of Scotland’s economic data (particularly “GERS” #fml); occasional political commentator; runner, hill walker & dog lover - views own, obv

1.9K followers964 following1.4K posts

Kevin Hague reposted

there’s a fundamental issue that always gets missed in the annual GERS debate: the GERS deficit doesn’t matter the latest chokkablog - which i’m sure won’t upset anybody - explains why👇 chokkablog.com/blog/gers-de...

chokkablog.comWhy the GERS deficit doesn't matter | chokkablogEvery year there's a big stramash when the Government Expenditure and Revenue Scotland (GERS) figures are released. I am more guilty than most of wading…
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17. Whatever other debates the GERS figures trigger, there should be no doubt about this one simple fact: by benefitting from a higher share of public spending than the share of revenue it contributes to the UK, Scotland "gets back" more than it "sends to Westminster"

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16. Before the indyref, the SNP cited GERS figure to claim: “Scotland received 9.6 per cent of the UK’s taxation, and received 9.3 per cent of the UK’s spending” - in 2025/26 Scotland generated 8.0% of the UK’s revenues while benefiting from 9.1% of the UK’s public spending.

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14. To summarise: higher spending (primarily) and lower revenue per head (slightly) explain the large and persistent onshore deficit gap that exists between Scotland and the UK overall

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8. The gap in social protection (pensions and benefits) spending per head between Scotland and the UK average has been growing dramatically. Social protection spending in Scotland is now £725 per head higher than the UK average

9. Excluding North Sea revenues, Scotland’s onshore revenue generation per head lags the UK average. The inclusion of North Sea revenues shows Scotland currently generating the same level of revenue per head as the UK overall.

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7. Higher spending per head for Scotland occurs across almost all spending categories. Social protection (pensions and benefits) is the largest - but far from only - source of difference.

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4. The only thing which has materially changed the gap between Scotland’s GERS deficit and the UK’s overall has been North Sea revenues - strip those out and the deficit gap between Scotland and the UK is consistently around 5% of GDP

5. The main driver of Scotland’s higher deficit is the higher levels of public spending per head from which Scotland benefits - over £2,500 p.a. more for every man, woman and child in Scotland.

3. The scale of the challenge Scotland faces to match the UK’s deficit, meet the EU’s excessive deficit threshold or eliminate the deficit entirely is significant - a £15 - 25 billion challenge

Kevin Hague reposted

Replying to @sundersays.bsky.social

Andy Burnham begins his premiership with a net approval rating of +16, a 20-point rise in his approval since previous Opinium poll, when he was PM-elect in mid-July 🌹 Burnham +16 🔶 Davey +1 🌳 Badenoch +1 🌍 Polanski -20 ➡️ Farage -24

Kevin Hague reposted

The Norwegian Nobel Prize committee has been forced to make a statement, declaring that the prize cannot be transferred. It's hard even to comprehend how stupid this has become

Kevin Hague reposted

Replying to @philippeauclair.bsky.social

He remains, to this day, the first and only songwriter to have voluntarily renounced his songwriting royalties for a charity record and forced his publisher to accept it. He could have made millions from that song. They went to the actual charity instead.

this (as with so much else Philippe writes) is a thread very much worth reading

Philippe Auclair@philippeauclair.bsky.social

A propos of nothing, it's taken as a given that Bob Geldof should be made fun of and that his Band Aid Christmas song is not just a maddening tune, but also a prime example of the White Saviour syndrome. I'd just like to add something to this take, which I've only learnt about very recently.

Kevin Hague reposted

Today's 70% fall in net migration to 205,000 was not one of the six stories in BBC ten o'clock news. Ta massive assymetry in whether rises in immigration and falls in immigration are considered newsworthy by broadcasters Down by 140k isn't thought to be. Up by 140k undoubtedly would be.

Kevin Hague reposted

Maybe Keir should demand the heads of major US news networks any time they imply Britain is on the brink of civil war or that we live under sharia law. Or does it not work both ways?

great thread 😮

Sunder Katwala (sundersays)@sundersays.bsky.social

The police continue to investigate the motive for last night's stabbings. Their initial statement is they don't have grounds to believe it was a terrorist motivated attack Elected Reform Durham county councillor Darren Grimes posted this political attack on the assumption it was an Islamist attack