independent

Sunday 20 April 2014

Devolved nations 'need more money'

Devolved administration leaders Carwyn Jones, Peter Robinson, Martin McGuinness and Alex Salmond called for economic stimulus

Leaders of the three devolved administrations have made a fresh plea to Chancellor George Osborne for more capital investment cash.

Such a move would be an "immediate and targeted stimulus" for Scotland, Wales and Northern Ireland, according to Scotland's First Minister Alex Salmond.

Wales's First Minister Carwyn Jones, and Northern Ireland First Minister Peter Robinson and Deputy First Minister Martin McGuinness joined Mr Salmond to make the plea to the UK Chancellor before he made his Autumn Statement.

The statement gave Mr Osborne "an ideal opportunity" to "give an immediate and substantial stimulus to capital investment", they said.

They added that appropriate amounts of funding for Scotland, Wales and Northern Ireland will "support the recovery and help bolster economic confidence".

Each of the four leaders has employed "a variety of innovative measures" to increase funding for major public infrastructure projects but these cannot "fully offset" the cuts from Westminster or their impact in the three countries.

"An immediate and targeted boost to public sector capital investment will support jobs immediately and help provide the infrastructure necessary for long-term economic growth," they said.

The Scottish Government has repeatedly called on the Westminster Government to provide extra money for infrastructure projects to try to boost the economy.

"Scotland, together with our friends in Northern Ireland and Wales, is suffering the impact of unprecedented cuts to our capital budget by the UK Government," said Mr Salmond.

"This afternoon's Autumn Statement provides the UK Chancellor with an ideal opportunity to invest in growth, support the economic recovery and help bolster economic confidence."

Press Association

Also in this Section

Classifieds

CarsIreland

Independent Shopping.ie

Meet, chat and connect with
singles in your area

Independent Shopping.ie

Meet Singles Now

Findajob

Apps

Now available on

Top Stories

Most Read

Independent Gallery

Your photos

Send us your weather photos promo

Celebrity News