{"id":97029,"date":"2018-10-29T17:46:00","date_gmt":"2018-10-29T17:46:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=9c3420d2c12ad2737895fe6176631c6d"},"modified":"2018-10-29T17:46:00","modified_gmt":"2018-10-29T17:46:00","slug":"press-release-the-2018-budget-what-it-means-for-scotland","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=97029","title":{"rendered":"Press release: The 2018 Budget: what it means for Scotland"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The Budget committed \u00a31 billion in extra money for Scotland, maintained the freeze on whisky and fuel duty, and saw a \u00a3150 million investment in the Tay City Region Deal. The Chancellor also committed to progress growth deals in Ayrshire, Moray and Borderlands.<\/p>\n<p>Today\u2019s announcements for Scotland include:<\/p>\n<ul>\n<li>An extra \u00a3950 million for the Scottish Government, meaning its budget will have grown in real terms to \u00a332 billion by 2020.<\/li>\n<li>\u00a3150 million for a Tay Cities Deal to support growth and create new jobs.<\/li>\n<li>A boost to the Scotch Whisky industry, which already accounts for 20% of UK food and drink exports, as Spirits Duty is frozen for the second Budget in a row. This means the price of a typical bottle is 30p lower than if it had risen by inflation.<\/li>\n<li>A UK-wide \u00a310 million Fisheries Technology Fund to help transform the industry and make fishermen in Scotland world leaders in safe, sustainable and productive fishing.<\/li>\n<li>Opening formal negotiations for a Moray Growth Deal and progressing talks for Ayrshire and Borderlands Growth Deals.<\/li>\n<li>Continuing support for the oil and gas sector, through maintaining our globally competitive position and further strengthening Scotland\u2019s role as a world leader in this area.<\/li>\n<li>Appointing a dedicated manager from the British Business Bank in Scotland, for the first time, to help to reduce geographical imbalances in small businesses\u2019 access to finance.<\/li>\n<\/ul>\n<p>Secretary of State for Scotland David Mundell said:<\/p>\n<blockquote>\n<p>Today\u2019s Budget is great news for people in Scotland.<\/p>\n<p>The Chancellor\u2019s decisions mean there will be an extra \u00a31 billion to invest in public services in Scotland.  I urge the Scottish Government to use this extra money to support the NHS in Scotland, fix the roads, boost Scotland\u2019s economy and reinvigorate Scotland\u2019s high streets.<\/p>\n<p>The freeze on spirits duty will be a boost to Scotland\u2019s whisky industry, maintaining the favourable tax climate for oil and gas will continue to help support the recovery of the sector, investing in fisheries technology will help support a key Scottish industry, and freezing beer duty will support large and small brewers across Scotland.<\/p>\n<p>I welcome the significant investment &#8211; \u00a3150 million \u2013 in the Tay Cities Deal.  The Deal will drive economic growth in Tayside, boosting jobs and prosperity throughout the region.  I also welcome the announcement that we are to open negotiations on a Moray Growth Deal, and we continue to make progress on Growth Deals for  Borderlands and Ayrshire. In all, the UK Government is investing more than \u00a31 billion in City Region Deals right across Scotland, helping to drive growth in Scotland\u2019s economy.<\/p>\n<p class=\"last-child\">On top of our extensive investment in Scotland\u2019s economy, individuals up and down Scotland will benefit from the ongoing freeze on fuel duty and the increase in personal allowance. Today\u2019s Budget demonstrates clearly how the UK Government is delivering for people in Scotland.<\/p>\n<\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Scottish Secretary David Mundell today welcomed the Chancellor\u2019s Budget as a great deal for people in Scotland.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/97029"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97029"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/97029\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}