My understanding is that it is proposed that the Scottish Government will be able to borrow money on the money markets and issue bonds, and will thus have more expensive borrowing than is available to the UK Government, which is another thing that is difficult to understand.
Scotland Bill
Proceeding contribution from
Lord Forsyth of Drumlean
(Conservative)
in the House of Lords on Monday, 29 February 2016.
It occurred during Debate on bills on Scotland Bill.
Type
Proceeding contribution
Reference
769 c646 
Session
2015-16
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2020-04-28 13:57:28 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2016-02-29/16022930000057
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