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The Independent UK
The Independent UK
National
Laura Paterson

Scottish Government can borrow more under new deal on devolution finance

Scottish Government Barnett John Glen Shona Robison Scotland UK Government
PA Wire

The Scottish Government will be able to borrow more after a new deal was struck with the UK Government on the structure of devolved finances.

The updated fiscal framework doubles the Scottish Government’s resource borrowing annual limit to £600 million, which Deputy First Minister Shona Robison said enables it to mitigate against errors in forecasting.

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