Economic Recovery Must Be Supported
Statistics released by the International Labour Organisation
(ILO) show that the unemployment rate in Scotland
remains lower than that across the UK - 7.6% to 7.8%
- however, the number looking for work rose by 10
000.
Commenting
on the news, SNP Treasury Spokesperson, Stewart
Hosie MP, has said the figures underlined the
pressing need for continued economic stimulus in the
UK.
"Unique amongst the G7, the UK is the only country to
withdraw its fiscal stimulus measures in 2010. The
Scottish economy is beginning to turn a corner - now
is the wrong time for London to cancel fiscal
stimulus.
"Every job loss is felt in local communities, and the London
parties are letting Scotland down. Labour are
already imposing zero stimulus this year by
withdrawing the support package, while Tory
proposals to cut even further and faster add up to
negative stimulus.
"The SNP are calling for a positive stimulus package to
support jobs and recovery.
"The Scottish Government's Economic Recovery plan is making a
real difference, but - until Scotland gains fiscal
independence - support must also be forthcoming from
the London Treasury.
"The UK Labour Government ignored SNP calls to continue the
acceleration of capital spending, and now they are
dealing a real blow to the Scottish economy by
removing the fiscal stimulus this year.
"Only the SNP will champion economic recovery and
jobs in Scotland, which is why Scotland needs SNP
MPs."
Labour’s PFI Debt Burden
The legacy of Labour’s use of the Private Finance Initiative
is estimated to cost the Scottish Government a total
of £27.7 billion from 2010-11 financial year.
The figure was confirmed in a parliamentary answer from SNP
Finance Secretary John Swinney.
The
SNP has also released figures on the annual
repayments (as estimated in 2009) and the level of
repayments to be made by local authorities over the
next two years.
SNP MSP Kenneth Gibson has branded the £27.7 billion figure a
“disgraceful legacy of Labour” with the repayments
being made to banks and finance firms at the same
time as both Labour and the Tories propose cuts to
Scotland’s budget.
Mr Gibson said:
“This is the disgraceful £27.7 billion legacy that Labour has
left Scotland.
“While the SNP is working hard to put new money into building
schools, hospitals, homes and delivering public
services Labour’s love of debt sees council’s, the
NHS and the Government being stripped of funds to
make excessive repayments.
“While the SNP is building public services Labour built
debts.
“As we face tighter budgets in coming years as a result of
Labour’s mismanagement we will be repaying billions
to banks and finance firms to meet Labour’s debt
legacy.
“All across Scotland's public sector it is not just Labour's
cuts that are affecting public services but Labour's
legacy as well.
“PFI repayments are now approaching the same level
as Scotland’s annual budget. Labour’s refusal to
recognise the problems of PFI and the better deal
for taxpayers being delivered by the SNP in
Government leaves them in a ludicrous position.”
Tories Hit Scotland with Triple Cuts Whammy
As the Conservative Party conference gets underway, SNP
Treasury Spokesperson, Stewart Hosie MP, has rounded
on claims that electing a Tory Government are in the
best interests of Scotland's economy.
"Warm words from the Tory high command cannot mask their
stated intention to impose a triple whammy of cuts
to Scotland's budget.
"The
Tories are backing massive cuts to Scotland's budget
next year - the first real terms cut since
devolution, they want to go further and faster in
the years thereafter, and earlier this week, David
Cameron let it slip that he plans a new spending
formula that will further reduce Scottish cash.
"The Tories so-called real change means short change for
Scotland.
"If this is the Tory Leader's message to Scotland, it will be
the Tories sole seat north of the Border that will
be getting cut.
"The phoney war between Labour and the Tories has nothing to
offer Scotland. Both are committed to making
swingeing cuts to Scotland's budget while frittering
away billions of pounds on a the Trident nuclear
weapons system - an obscene vanity project the
people of Scotland do not want.
"To get through these tough times, the people of Scotland
need local champions who will stand up for their
interests. Only the SNP will speak up for Scotland's
services as the London parties race to slash
funding.
"Westminster is holding Scotland back. The only way
Scotland can thrive economically is with fiscal
autonomy. As the official GERS report lays out,
Scotland recorded a current budget surplus over the
three years to 2007/08 of £2.3bn while the UK ran up
a deficit of £24bn over the same period."