Scotland
Scotland's capital budget will be cut by 36.5% in real terms between 2010/11 and 2014/15. There will be an immediate £800m reduction to the capital settlement next year (down from £3.3bn in 2010/11 to £2.5bn in 2011/12).
The Scottish Government said the settlement made it all the more important that Scotland was granted borrowing powers. “As things stand, we are expected to fund a once-in-a-generation project such as the Forth replacement crossing from within...
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