Treasury Spending: Grants to Devolved Institutions Debate

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Department: HM Treasury

Treasury Spending: Grants to Devolved Institutions

John Lamont Excerpts
Tuesday 3rd July 2018

(6 years, 5 months ago)

Commons Chamber
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Kirsty Blackman Portrait Kirsty Blackman
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I do not give a stuff how much Donald Trump has invested in Scotland, because he is separating families, and that far outweighs any good that he has done with the investment that he has made.

John Lamont Portrait John Lamont (Berwickshire, Roxburgh and Selkirk) (Con)
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The hon. Lady has criticised the financial transactions as the means by which the UK Government are delivering extra funding to Scotland, but does she not agree or accept that the Scottish Government have used financial transactions to invest in housing, in vital infrastructure projects and in other business support? It seems to me that she is happy to criticise the UK Government for using this model but is not prepared to accept that the Scottish Government use exactly the same model for their investments.

Kirsty Blackman Portrait Kirsty Blackman
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I am pleased that the Scottish Government are receiving the financial transactions money. However, the UK Government cannot say that this is money that can be spent on day-to-day spending, because it cannot. The Resolution Foundation has specifically said that it cannot be spent in that way.