UK Spending Round
Clarity needed on future UK Budget and ‘no deal’ funding.
The UK Spending Round will not provide the Scottish Government with clarity on the future of the Scottish Budget, Finance Secretary Derek Mackay has said.
Speaking ahead of the Chancellor’s statement, Mr Mackay said without the tax announcements and economic forecasts of a full UK Budget the Scottish Government will not have clarity on funding for 2020-21.
Mr Mackay also said that with a ‘no deal’ Brexit looking more likely, the Scottish Government urgently needs a guarantee on funding from the UK Government to prepare for the consequences.
Mr Mackay said:
“Scottish public services have been constrained by a decade of UK austerity and this is now being compounded by the impact of a ‘no deal’ Brexit and the severe impact it threatens to have on our economy and jobs, as well as the loss of vital EU funding to Scotland.
“With a ‘no deal’ looking increasingly more likely, it is essential that the UK Government guarantees additional funding for Scotland to let us prepare as much as possible for the catastrophic consequences that this would bring to our economy, jobs and public services.
“The Chancellor must provide a cast-iron guarantee that all EU funding for Scotland will be replaced in full by the UK Government. This includes supporting our farmers by matching all existing support available through the Common Agricultural Policy and finally passing on the £160 million of convergence funding that has been withheld from Scotland.
“However the Spending Round will not give us the clarity we need about the Scottish Budget going forward. Without the tax announcements and economic forecasts of a full UK Budget, the Scottish Government will not have clarity on Scotland’s funding for 2020-21, meaning any announcements on funding for Scotland must be taken with a pinch of salt.
“Regardless of the UK Government’s delay and mismanagement, we are determined to provide as much certainty and stability as possible to Scotland’s public finances.”
Latest News from
£24bn infrastructure plan will boost jobs25/09/2020 12:05:00
Tens of thousands of jobs will be supported by the Scottish Government’s new £24 billion Draft Infrastructure Investment Plan (IIP).
COVID-19 spending reaches £6.5bn25/09/2020 10:05:00
Autumn Budget Revision outlines latest funding allocations.
Scottish Sea Fisheries Statistics 201925/09/2020 08:05:00
The Chief Statistician released figures that show that in 2019, Scottish registered fishing vessels landed 393 thousand tonnes of sea fish and shellfish with a gross value of £582 million.
Helping communities through the pandemic24/09/2020 17:17:17
The Scottish Government has now committed more than £350 million to support communities during the coronavirus (COVID-19) pandemic.
Coronavirus (COVID-19): NHS pain management services24/09/2020 15:05:00
Framework to support the recovery and re-mobilisation of specialist pain management services.
First Minister calls for urgent four nation coronavirus talks24/09/2020 12:05:00
Scale and urgency of the situation demands joint working to find solutions.
Monthly GDP Estimates for July24/09/2020 08:05:00
Scotland’s GDP increased by 6.8% in July, according to statistics announced yesterday by the Chief Statistician.
Wider economic impacts of aquaculture23/09/2020 13:05:00
The aquaculture sector contributed approximately £885 million to the wider Scottish economy and supported 11,700 jobs in 2018, according to new research.