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PA Scotland Political Staff & Peter A Walker

Scottish budget: John Swinney moves on income tax and business rates while scrapping indyref2 fund

John Swinney has used his budget statement to announce an increase to income tax for the highest earners, a freeze in business rates and the scrapping of funding for another independence referendum.

The Deputy First Minister and temporary Finance Secretary published his draft budget on Thursday- in what he said was the “most turbulent economic and financial context most people can remember”.

The announcements came in a budget statement that was delayed following a leak of the government's tax plans to the BBC.

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