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Chamber and committees

Question reference: S5O-01772

  • Asked by: Ben Macpherson, MSP for Edinburgh Northern and Leith, Scottish National Party
  • Date lodged: 31 January 2018
  • Current status: Answered by Derek Mackay on 7 February 2018

Question

To ask the Scottish Government how the finance secretary will ensure that the Budget supports local businesses.


Answer

The Budget delivers the most attractive system of business rates in the UK, a new £150 million Building Scotland Fund and investment of over £4 billion of infrastructure. We will be allocating £600 million of investment in our R100 programme to extend superfast broadband access to every home and business across Scotland. And the budget provides a 64 per cent uplift in funding for the Economy, Jobs and Fair Work portfolio, including £2.4 billion for our enterprise and skills bodies.

These major investments will underpin our focus on innovation, infrastructure and investment, internationalisation and inclusive growth.