Westminster Urged to Increase ScotGov Borrowing Limits by MPs

Westminster urged to increase ScotGov borrowing limits by MPs

A committee of MPs has told the UK Government to look at increasing the Scottish Government’s capital borrowing limits.

UK ministers urged to increase Scottish Government capital borrowing limits

A committee of MPs has told the UK Government to look at increasing the Scottish Government’s capital borrowing limits ...

Look at increasing Scottish Government borrowing limits, MPs tell UK Government

The Scottish Affairs Committee inquiry looked at the fiscal arrangements north of the border. A committee of MPs has told the UK Government to look at increasing the Scottish Government’s capital borrowing limits. Currently, the Government is limited to borrowing £600 million for day-to-day spending and £450 million for capital projects. But in a report from the Scottish Affairs Committee at Westminster on the fiscal arrangements north of the bo…

MPs urge Westminster to increase Scottish Government’s borrowing limits

New report by Scottish Affairs Committee finds Barnett Formula "fir for purpose" but not perfect

The Scottish Affairs Committee's Inquiry into the Barnett Formula

The Scottish Affairs Committee has released a report calling for increased transparency in how the Barnett formula is applied to determine funding for Scotland. The Barnett formula is a mechanism used by the Treasury in the United Kingdom to automatically adjust the amounts of public expenditure allocated to Northern Ireland, Scotland and Wales to reflect changes in spending levels allocated to public services in England, Scotland and Wales, as …