'Grim' £1.7 billion downgrade in Scottish public finances


Responding to today’s statement from the Finance Secretary on the state of Scotland’s public finances, Scottish Liberal Democrat leader Willie Rennie said:

“The Scottish Fiscal Commission has downgraded the forecasts for Scotland’s public finances by £1.7 billion over the next five years. This is grim news.

“This is a clear failure of the Scottish Government to boost the economy after ten years in government. 

“From investing in people and skills to delivering the necessary infrastructure, this government has been found wanting.

“The real world impact of this adjusted forecast is less money for our schools, our hospitals and our police service. 

“Today the Finance Secretary tried every trick in the book to avoid answering but the public now know it has been a decade of economic mismanagement.”


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