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Rennie: Scottish trends heading downwards

June 4, 2018 6:00 PM
Originally published by Scottish Liberal Democrats

Scottish Liberal Democrat leader Willie Rennie has today called on the Scottish Government to ditch their plans for independence and invest in education and mental health to boost the Scottish economy after new analysis of the state of the nation's finances.

The briefing from Scottish Trends highlights:

  • Public sector budgets would be worse off and debt-to-GDP would rise under the plans set out in the SNP's Sustainable Growth Commission;
  • The Scottish Government's Medium Term Fiscal Strategy shows non-prioritised public services experiencing no cash terms increase or cuts over the next five years. These include local government, further education, economic support and courts.
  • The Scottish Fiscal Commission's forecast of Scottish wages falling in real terms while UK wages return to growth is a "worrying" divergence in performance.

Mr Rennie said:

"This research makes quite clear that an independent Scotland would have less money to spend on public services than within the current system.

"But what's even more damning is the stark impact of the SNP's decade of economic mismanagement. Local government, further education and economic support are all in the firing line at just the moment when the Government should be investing to grow the economy.

"Scottish Liberal Democrats would deliver a positive, transformative investment in education and mental health to enable everyone to achieve their potential and build the high wage, highly skilled economy of the future."