UK Parliament / Open data

Scotland Bill

The Exchequer Secretary has said that the Government will be bringing the Scottish rate of income tax into the consideration, and I presume that that is still to allow borrowing when the actual figure there is less than the forecast. But that does not address the fundamental issue that if there is a forecast fall, the Scottish Parliament will take the entire hit, because there is still no cyclical borrowing—borrowing where a forecast fall actually happens.
Type
Proceeding contribution
Reference
525 c120 
Session
2010-12
Chamber / Committee
House of Commons chamber
Legislation
Scotland Bill 2010-12
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