THE SNP's vision of creating an oil fund in an independent Scotland could mean higher taxes for Scots and possibly even a hike in taxes for the North Sea oil industry itself, Danny Alexander will say today.
Speaking at the Scottish Politics Explained conference in London, the Chief Secretary to the Treasury will say: "We can be proud of Scotland's oil industry, as well as a historic strength in financial services. But to cut off Scotland from the rest of the UK means to rely too heavily on these volatile sectors: to bet the economy each year on the financial markets and on oil prices.
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