Meeting of the Parliament 14 December 2017
The Scottish Fiscal Commission forecasts for the next five years have just been released. They show that Scotland’s economy will grow at less than 1 per cent for the next five years and that it will continue to underperform the economy of the rest of the UK for the next five years. By then, we will have had 14 years of SNP underperformance. Given that dire outlook, why has the finance secretary completely ignored the advice of large and small businesses throughout Scotland, which said that any increase in tax would cause long-term damage to the Scottish economy?