Date depends on Brexit
Mackay names date of Scottish Budget…pending Brexit
Derek Mackay: pinch of salt
Scottish Finance Secretary Derek Mackay has pencilled in 12 December to deliver his Scottish Budget.
Mr Mackay has informed Holyrood’s Finance Committee of his preferred date for setting out the Scottish Government’s financial statement for the year ahead.
However, it will depend on Westminster holding a Budget in the next two months which in turn is tied in with the Brexit negotiations and the possibility of a General Election.
Mr Mackay said last month that without the tax announcements and economic forecasts of a UK Budget the Scottish Government will not have clarity on funding for 2020-21.
Ahead of Chancellor Sajid Javid’s spending statement on 4 September Mr Mackay said that without these forecasts “any announcements on funding for Scotland must be taken with a pinch of salt.”
With Westminster still embroiled in the Brexit impasse, the UK government is unable to fix the date of its own Budget which may be delayed until early next year.