Scotland Denmark Coronavirus record country economy Love Scotland Denmark

Plan to stop Scottish Government grants disappearing into tax havens

Reading now: 453
dailyrecord.co.uk

Rules on publicly-funded business grants will be tightened in Scotland after calls to stop state cash vanishing into tax havens.

The Record can reveal the plan after Nicola Sturgeon heaped praise on Denmark for cutting support where cash might disappear offshore.

The Scottish Government does not have the power to change the rules on Treasury coronavirus bailout packages. But the devolved administration is responsible for vast sums of public cash funnelled to private enterprises across the country.

On Thursday, a £100 million package of Scottish emergency coronavirus grant support opened to applications from small and medium enterprises.

Read more on dailyrecord.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA