The Scottish Government is facing a £1bn shortfall for day to day spending next year – with this projected to rise to almost £2bn just three years later.
Deputy First Minister Shona Robison outlined the “extremely challenging” picture at the same time as she told MSPs of the “record falls in living standards” being experienced by Scots.
Real disposable income has fallen by 4.1% between 2021-22 and 2023-24, she said, adding it is not expected to recover to pre-pandemic levels until around 2026-27.
