economy needs an £80 billion boost to help it out of crisis, Scotland’s finance secretary claimed. Kate Forbes said the spending spree would finance a VAT cut and move tourism and hospitality to reduced rates.
She also wants a 2p cut to employers’ National Insurance contributions to make it easier to hire staff. The calls are in a new report to the UK Government, which controls most economic powers.
Forbes said: “We are emerging from the biggest economic shock of our lifetimes. It has hit the most vulnerable in our society disproportionately and presents challenges that the Scottish Government does not currently have the powers to meet.”Forbes made the demands as Prime Minister Boris Johnson prepares for big spending in England.The Scottish.
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