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Scotland calls for £98 billion stimulus package

Christian Fernsby |
Finance Secretary Kate Forbes has called on the UK Government to prioritise public services and economic recovery through a fresh fiscal stimulus package of £98 billion.

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This support, which is at least 5% of GDP, would be on par with the economic recovery packages and renewed emergency support provided by other nations such as Germany, France and New Zealand.

Writing to Chancellor Rishi Sunak, Ms Forbes calls for a support package to ensure resilience of businesses and households, to regenerate the economy, and to reduce inequalities.

The Finance Secretary is also seeking urgent confirmation that Universal Credit will be increased. The letter also calls for clarity over funding, early certainty on ongoing Non Domestic Rates relief, extra fiscal flexibility for the Scottish Government to respond to the ongoing impacts of coronavirus and assurance on pay for frontline services.

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