Scottish income tax policy not working, financial services body claims

Scottish Financial Enterprise said rates should be brought more closely in line with those south of the border (Nick Ansell/PA) - (PA Archive)

The Scottish Government must recognise its tax policy is not working and address divergence with the rest of the UK, the financial services industry has said.

Scottish Financial Enterprise (SFE) said rates should be brought more closely in line with those south of the border when Finance Secretary Kate Forbes delivers her Budget proposals on December 4.