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Scottish cuts 'worse than feared'
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=9350
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Author:  Amnesia10 [ Thu Jul 08, 2010 1:27 am ]
Post subject:  Scottish cuts 'worse than feared'

http://news.bbc.co.uk/1/hi/scotland/10541580.stm

Quote:
Scotland should brace itself for bigger public spending cuts than originally thought, according to the country's chief economic adviser.

Dr Andrew Goudie carried out a revised study of Scotland's finances in the wake of the coalition UK government's emergency budget.

He estimated a public spending squeeze of £42bn over the next 16 years.

This is significantly more than the £25bn to £35bn over 12 to 16 years which he estimated in April.

The revised analysis left Scotland facing bigger losses and a longer recovery time before spending levels return to 2009-10 levels.

I wonder how that will affect the Liberals, they had quite a few seats north of the border and now will suffer because of this.

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