Labour has attacked plans by the SNP to set up a new Scottish Futures Trust to help build schools and hospitals. The Trust is being proposed by the Nationalists as an alternative to Public-Private Partnerships. The SNP claim it would ensure no public
cash ends up as private profit.
But universities, local authority chiefs and finance experts have said that questions remain over whether the Trust can work and have warned it could end up costing the public purse more.
Labour finance spokesman Andy Kerr said: "It's a case of dumb and dumber – first we had the Local Income Tax, now we have the Scottish Futures Trust. It seems the SNP's plans for an alternative to PPP are officially dead in the water."
Finance Secretary John Swinney said: "The Scottish Futures Trust will deliver a better deal for taxpayers and everyone in Scotland than costly PFI."
SWINNEY ON ATTACKSNP ministers yesterday attacked Gordon Brown's plans to scrap the 10p income tax rate, claiming it would leave more than half a million households in Scotland worse off.
Finance Secretary John Swinney wrote to Chief Secretary to the Treasury Yvette Cooper calling on her to explain how the change could be reconciled with cutting poverty. At the SNP conference, delegates passed a resolution calling for abolition of the 10p tax rate to be scrapped. The party's MPs said they would join with Labour rebels and the Tories to vote for such a reversal.
HOME FRONTSNP deputy leader Nicola Sturgeon laid out plans yesterday to build 35,000 new council homes by the middle of the next decade. Ministers will offer £25m to councils in a bid to encourage them to build a new generation of homes.
The full article contains 292 words and appears in Scotland On Sunday newspaper.