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Rachel Reeves Says 'Worse than We Thought' as She Says Budget Is 'Fair'
Robison demands the UK Budget avoid austerity, reinvest all tax rises in public services, and drop fiscal rules amid a possible £1 billion funding cut to Scotland, Fraser of Allander Institute says.
- On November 26, Shona Robison set three tests for Chancellor Rachel Reeves, demanding the fiscal rules be ditched, `every penny` from tax rises reinvested in public services, and no cuts for Holyrood.
- The Fraser of Allander Institute estimates a 2p UK income-tax hike could cut Scotland's funding by 1 billion, with Robison warning the fiscal framework was not designed for interchangeable tax changes.
- Robison has requested an urgent meeting with Chancellor Rachel Reeves to set out the three tests, warning the Scottish Government has `very limited` levers and may `potentially revisit` tax plans amid scenario planning for a near-�1 billion gap.
- Robison warns of electoral consequences if funding is cut, saying Labour would pay a very high price with Scottish voters and signalled a possible tax U-turn next year if Chancellor Rachel Reeves creates a nightmare situation.
- The UK government points to confirmed investments including 8.3 billion for GB Energy-Nuclear and GB Energy in Aberdeen, up to 750 million for a supercomputer at Edinburgh University, and a fuel duty freeze costing 3 billion.
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12 Articles
12 Articles
Coverage Details
Total News Sources12
Leaning Left6Leaning Right0Center4Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 40%
Factuality
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