Salmond sets out demands for oil revenues to Brown

ALEX Salmond has taken the first formal move to try to wrest control of at least some of the UK's oil revenues from the UK Treasury.
The First Minister has written to Gordon Brown, the Prime Minister, asking for a share of the estimated £4 billion to £5 billion in extra income which the UK government is due to make in tax from the rapidly escalating price of oil.

Mr Salmond has also called for the creation of a Scottish oil fund, putting money aside for the time when the oil runs out.