Meeting of the Parliament 11 December 2024
The consequentials are about £145 million. We have to be very careful in what we allocate this year, because there will be no consequentials next year from the UK Government for rates relief because of the changes to business tax. Craig Hoy and the Tories want us to bake unaffordable and unsustainable tax cuts into the budget, which would mean that there would be cuts to public expenditure. These are the choices that have to be made. We are delivering support to 13,000 hospitality premises by providing affordable support to the sector.
The Tories want to put at risk the positive change that we are delivering for the people of Scotland by doing away with our international network of offices, for example. In 2023-24, Scottish Development International’s international network costs were about £11 million. In return, more than £2 billion was delivered in exports. Far from being common sense, it makes no sense to get rid of our network of international offices. That is the sort of sound investment for Scotland that we will deliver, instead of engaging with the Tories’ Trussonomics.