John Swinney unveils spending plans in budget

Swinney unveils spending plans

 

Scottish money

Scottish Finance Secretary John Swinney announces a series of capital investment projects in a bid to stuimlate Scotland's economy.

John Swinney unveils spending plans in budget

Scottish money Mr Swinney pledged £180m over years for construction, skills and the green economy

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Scottish Finance Secretary John Swinney has announced his spending plans aimed at stimulating Scotland's economy.
Setting out his 2013/14 budget, he pledged £180m over two years for skills, construction and the green economy.
It includes £40m of additional spending on affordable housing, starting this year, and £80m on new schools to support the construction sector.
He told parliament it was a "Scottish budget for jobs and growth".
"In these difficult economic times this government is doing everything within its limited power to stimuate Scotland's economy, to invest in our young people, protect households and support front line services," he said.

BBC Scotland's budget coverage

  • Follow as-it-happens video and text coverage of John Swinney presenting his 2013/14 budget to MSPs at Holyrood. The page will be live on the site from 14:30.
  • Watch a special BBC 2 Scotland budget programme starting at 14:30.
Mr Swinney said his budget maintained commitments on tuition fees, a council tax freeze, police numbers, free prescriptions and concessionary travel, as well as protection of the NHS budget.
The minister also announced that pay restraint for public sector workers would be eased with "a modest 1% increase".
The lower paid will see most of the additional money.
A freeze on public sector pay for those earning more than £21,000 was implemented in the 2011/12 financial year and was due to come to an end in March 2013.
Earlier Mr Swinney said his plans would be a "relentless pursuit of economic growth", despite UK government cuts.
Investments include £30m to be spent over three years on energy efficiency measures, concentrating on domestic property.
And £17m will go towards college education and student support.
 Copy www.bbc.co.uk

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