HIDDEN OIL WEALTH – TOP POLITICIAN WHISTLEBLOWER
The government kept the report secret.
It was only released in 2005 under freedom of information legislation.
Lord Healey, now 95, told Holyrood magazine: “I think we did underplay the value of the oil to the country because of the threat of nationalism but that was mainly down to Thatcher.
Scotland would prosper under independence thanks to North Sea oil and Westminster politicians are “worried stiff” about losing revenues from offshore production, according to a former Chancellor of the Exchequer.