Scotland could be facing an annual budget shortfall of £10m within 50 years, according to a new report from the Scottish Fiscal Commission (SFC).
Outgoing Deputy First Minister John Swinney said it shows that “Scotland lacks the full range of powers required to manage the financial challenges it is likely to face over the next 50 years”.
The SFC forecasts spending on public services could increase to £54bn by 2027-28 – with it then projected to keep growing to reach £120bn in today’s prices by 2072-73.
