it gets from central government so that might ease the pressure here a bit, but it doesn t completely balance the books as it is spread over two years. balance the books as it is spread over two years- over two years. according to the ons, over two years. according to the cm, when over two years. according to the ons. when you over two years. according to the ons, when you compare - over two years. according to the ons, when you compare the - over two years. according to the | ons, when you compare the four over two years. according to the - ons, when you compare the four home 0ns, when you compare the four home nations, 0ns, when you compare the four home nations, wales receives the highest amount nations, wales receives the highest amount of nations, wales receives the highest amount of state support, so the decision amount of state support, so the decision today to raise benefits in line with decision today to raise benefits in line with inflation and keep the pension l
glasgow. the chancellor jeremy hunt glasgow. the chancellorjeremy hunt says his decision to increase public spending on health and education in england means there will be an extra £1.5 billion available for the scottish government s budget over two years, although the first minister nicola sturgeon says that money is being swallowed up by inflation and she accuses the conservatives of re imposing austerity. it will be up to the acting finance secretaryjohn swinney to decide how to spend the money he does have and that will happen next month. he will also have to decide whether or not to replicate some of the big tax changes in mr hunt s statement. tithe changes in mr hunt s statement. one ofthe changes in mr hunt s statement. one of the problems changes in mr hunt s statement. que: of the problems facing northern ireland at the moment is there is a big black hole in public finances. some £660 million has been overspent on public services due to the cost of so many things going up.
just remind ourselves party of economic competence. let s just remind ourselves how we got here, let s go back to september when kwasi kwarteng, chancellor at the time, unveiled a mini budget. it didn t go to plan, instead it s about economic turmoil because it didn t lay out how £45 billion worth of tax codes were going to be funded. the pound later sank to an all time low to the dollar, the bank of england to intervene. next came the government s u turn on the decision to scrap the highest tax rate, that same week kwasi kwarteng was out of a job, soon after liz truss was also out too. kwasi kwarteng points plan was the largest tax cutting statement in decades, this has now raised it higher to the highest in 30 years. i this has now raised it higher to the highest in 30 years. highest in 30 years. i understand the motivation highest in 30 years. i understand the motivation over highest in 30 years. i understand the motivation over my - highest in 30 years. i understand - the mo