Scottish Government
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Finance Secretary comments ahead of UK Budget

Final UK Budget before referendum.

Ahead of the final UK Budget before the referendum on Scottish independence Finance Secretary John Swinney said:

“This is Westminster’s last chance to seriously tackle inequality and turn away from a budget of continued cuts and austerity before Scotland votes in the referendum.

“Scotland is a wealthy country and we can more than afford to be independent. In each of the last 33 years Scotland has paid more in tax per head than the UK and in the last five years Scotland would be £1600 per head better off than the UK – money that could have been invested in the economy, in public services and reducing debts.

“Instead under Westminster we have seen capital spending cut by almost 27% and our overall discretionary spending power cut by 11% in real terms over the five years to 2015-16.

“We know that we are not even halfway through the cuts planned by Westminster, and that the Chancellor plans a further £12bn of cuts to welfare after the next election. It is also clear that if Scotland sticks with the UK system we could see the scrapping of the Barnett Formula which could result in a further £4bn cut specifically from Scotland’s public services.

“In just under six months’ time the people of Scotland will vote to decide whether budget decisions should continue to be made by Westminster governments Scotland didn’t elect or whether decisions about spending, taxes and public services in Scotland would be better made by the people and parliament of Scotland. Following a vote for independence we can end Westminster’s austerity agenda, tackle the economic challenges Scotland faces and build a fairer more prosperous country.”

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