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Scotland's debt mountain: Holyrood's borrowing could hit £50bn by 2020
Guardian investigation finds public sector borrowing for schools, roads, rail and education is set to dwarf Scottish parliament’s annual £30bn budget, prompting auditor general and opposition parties to call for greater transparency.
See http://www.theguardian.com/politics/...t-50bn-by-2020
Scotland's PFI boom means £1.3bn a year bill is in the post
New roads, hospitals and public buildings are being built now, but latest Treasury data shows government repayments will peak in 10 years’ time.
See http://www.theguardian.com/politics/...g-holyrood-snp
Scottish investment in rail funded with record borrowing
Scotland’s total rail debt is forecast to reach £4.9bn by 2019, according to the Office of Rail and Road – more than double what it was in 2009
See http://www.theguardian.com/politics/...cord-borrowing
Scottish councils hold record debts of £14.8bn – and are still borrowing
Guardian identifies further £472m of capital projects funded through Scottish Futures Trust that will add to debt repayments already costing £1.5bn a year
See http://www.theguardian.com/politics/...till-borrowing
Scottish students and graduates will owe £6bn by 2021, forecast shows
Lucy Hunter Blackburn, a specialist in higher education funding, predicts borrowing will be three times the £2bn owed when the SNP took power in 2007
See http://www.theguardian.com/politics/...forecast-shows
The above collection of articles are concerning but at the same time it's good that we're actually getting these figures.
Alastair
Guardian investigation finds public sector borrowing for schools, roads, rail and education is set to dwarf Scottish parliament’s annual £30bn budget, prompting auditor general and opposition parties to call for greater transparency.
See http://www.theguardian.com/politics/...t-50bn-by-2020
Scotland's PFI boom means £1.3bn a year bill is in the post
New roads, hospitals and public buildings are being built now, but latest Treasury data shows government repayments will peak in 10 years’ time.
See http://www.theguardian.com/politics/...g-holyrood-snp
Scottish investment in rail funded with record borrowing
Scotland’s total rail debt is forecast to reach £4.9bn by 2019, according to the Office of Rail and Road – more than double what it was in 2009
See http://www.theguardian.com/politics/...cord-borrowing
Scottish councils hold record debts of £14.8bn – and are still borrowing
Guardian identifies further £472m of capital projects funded through Scottish Futures Trust that will add to debt repayments already costing £1.5bn a year
See http://www.theguardian.com/politics/...till-borrowing
Scottish students and graduates will owe £6bn by 2021, forecast shows
Lucy Hunter Blackburn, a specialist in higher education funding, predicts borrowing will be three times the £2bn owed when the SNP took power in 2007
See http://www.theguardian.com/politics/...forecast-shows
The above collection of articles are concerning but at the same time it's good that we're actually getting these figures.
Alastair
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