Thursday 10 June 2010

UK GOVERNMENT MUST MAINTAIN VITAL SCOTTISH INVESTMENT


UK GOVERNMENT MUST MAINTAIN VITAL SCOTTISH INVESTMENT

SNP Treasury Spokesman, Stewart Hosie MP, called on Prime Minister David Cameron to choose targeted efficiencies over savage spending cuts as the Tory Liberal coalition set out their plan to tackle the UK deficit.

Mr Hosie called on the UK Government to maintain vital investment in Scotland’s economy and frontline services to ensure economic recovery north of the border can continue.

Commenting, Mr Hosie said:

“After a decade of financial mismanagement by the Labour Government, the massive difficulties facing the UK finances are undeniable but in tackling them we must steer clear of the savage Tory spending cuts which caused so much harm in Scotland in the 1980s.

“It is essential that we make targeted efficiencies whilst maintaining vital investment in Scotland’s economy and frontline services to aid recovery from recession.

“The SNP Government is already dealing with a £500 million cut by Westminster in this year’s budget. Instead of imposing more spending cuts which would threaten economic recovery, the UK Government must consider bringing forward capital investment so we can continue to invest in Scotland’s economic recovery.”

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