SCOTLAND’S remaining oil revenues should be used to create a £20 billion investment fund for the first decade after independence, Nicola Sturgeon has said.
The First Minister told delegates at the SNP conference that the Scottish Government would publish the latest in its series making the case for independence on October 17 – with the £20bn “Building a New Scotland Fund” being one key proposal from that paper.
She told conference: “We propose to invest remaining oil revenues and use our borrowing powers, not to cut tax for the richest, but to set up an independence investment fund.