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In line with their statutory duty and the Prudential Code, decisions on the capital investment, and the financial plans to ensure adequate budget provision is made to meet the costs of that investment, are a matter for each local authority.
It is now abolished for new claims, and we estimate there to be only around 300 people in Scotland currently in receipt of the benefit. My priority is to ensure that the rate at which they are paid remains consistent with the rate applying to those in receipt of the benefit in England and Wales.
If Mr Johnstone will forgive me, I still have some ground to cover. Although that reduces tax receipts in the short term, it increases production potential and, in turn, future tax receipts.
Alongside that focused support, since April this year we have committed £5 million to ensure that veterans in receipt of social care in Scotland receive the full value of their war pensions.
The regulators are there from a retail perspective to monitor compliance with market codes; they do not have a direct input into any organisation’s acquisition strategy.
During the Covid pandemic, many local authorities have adopted innovative ways to ensure that people have had access to free products, including the provision of voucher codes for online redemption via suppliers.
However, there seems to be a problem with the code of conduct under the Property Factors (Scotland) Act 2011, as factors are saying that it is difficult to instruct works in that way.
The legislation is the umbrella, then there are lots of regulations and codes of practice. I have talked to the commission about how much we can do in statute to endeavour to drive out bad practice, such as things that happened during the Brexit referendum.