Scotland £40 million wealthier after initial cuts ?

9 Jun

So the Conservatives have decided to inflict £6 billion of cuts on the Country. The share for Scotland will be £332 million.

1. Scotland will not have to make these initial cuts cuts until next year.

2. Scotland has also secured an additional £182 million in funding from the UK government known as the fossil fuel levy.

3. Alex Salmond also seems confident he will receive £190m for Scotland as part of the Barnett formula through spending on the London Olympics.

It appears that Scotland does not need to make any cuts after all regarding it’s share of the £6 billion. In fact after this initial round of spending cuts Scotland will be £40 million better off. Must be nice living in the already most affluent nation in Britain.

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2 Responses to “Scotland £40 million wealthier after initial cuts ?”

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  1. Tweets that mention Scotland £40 million wealthier after initial cuts ? « Englisc Dragon -- Topsy.com - June 9, 2010

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  2. Scotland £40 million wealthier after initial cuts ? « Englisc Dragon | Stirling Castle - June 10, 2010

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