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SCC COMMENT ON SCOTTISH BUDGET

[ 08-02-2012 ]

Commenting on the amendments to the Scottish Budget announced this afternoon by the Scottish Government, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said: 
 
“Both the Scottish and UK Governments are facing tough decisions in terms of how best to allocate limited levels of public spending in an attempt to bolster an economic recovery.  We welcome the broad tone of the Scottish budget within this context and in particular we welcome the additional funds that the Government have identified for investment in capital infrastructure.  This is a sensible use of resources that will bring long term dividends for the Scottish economy, especially in terms of the investment in broadband connectivity, transport and housing. 
 
“The news that the impact of the proposed Public Health Levy on retailers has been scaled back and that this new tax has been limited to a period of three years is of some assistance but this remains a substantial additional cost to individual stores over the next three years.”

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