Meeting of the Parliament 14 December 2017
The same organisations did not ask us to cut tax by £0.5 billion, which is what the Tories’ tax policies propose.
The number 1 request from many businesses was to base the poundage for business rates on CPI not RPI, and I have announced that the business rates poundage will be based on CPI not RPI.
On a range of investment, whether in higher education, innovation hubs, internationalising our produce, supporting business to grow or the most generous package of business rates relief in any part of the United Kingdom, this is also a good budget for business.
In relation to the forecast, does the UK Government take no responsibility for the economy, including the economy in Scotland? We know that the UK economic model does not work for Scotland. In the analysis that it published today, and in its forecast, the SFC said that the greatest threats to Scotland’s economy are Brexit, downward migration, inflation and all those other pressures that have been created by the economic geniuses in the Tory party.