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| Spending Review: John Swinney critical of Scotland's capital spend settlement | Spending Review: John Swinney critical of Scotland's capital spend settlement |
| (35 minutes later) | |
| Scotland's finance secretary John Swinney has said Holyrood faced a continued shortfall in capital spending despite a UK government increase. | Scotland's finance secretary John Swinney has said Holyrood faced a continued shortfall in capital spending despite a UK government increase. |
| Chancellor George Osborne announced the 14% rise as part of his autumn statement at Westminster. | Chancellor George Osborne announced the 14% rise as part of his autumn statement at Westminster. |
| However, Mr Swinney insisted the capital settlement would be lower by 2019/20 than it was in 2010. | However, Mr Swinney insisted the capital settlement would be lower by 2019/20 than it was in 2010. |
| Mr Osborne has insisted that the latest spending package adds up to a "fair deal" for Scotland. | Mr Osborne has insisted that the latest spending package adds up to a "fair deal" for Scotland. |
| The Conservative politician told the House of Commons on Wednesday that "thankfully" Scotland remained part of a "stronger United Kingdom". | The Conservative politician told the House of Commons on Wednesday that "thankfully" Scotland remained part of a "stronger United Kingdom". |
| He added: "The Scottish block grant will be over £30bn in 2019-20 - while capital spending available will rise by £1.9bn through to 2021." | He added: "The Scottish block grant will be over £30bn in 2019-20 - while capital spending available will rise by £1.9bn through to 2021." |
| But day-to-day revenue spending will be reduced by about 5.7% in real terms over the next four years. | But day-to-day revenue spending will be reduced by about 5.7% in real terms over the next four years. |
| New powers coming to Scotland | New powers coming to Scotland |
| Mr Swinney told the BBC's Good Morning Scotland programme: "The UK government has delivered a capital settlement which by the end of this decade will still be lower in that year 2019/20 than it was when the Conservatives came to office in 2010. | Mr Swinney told the BBC's Good Morning Scotland programme: "The UK government has delivered a capital settlement which by the end of this decade will still be lower in that year 2019/20 than it was when the Conservatives came to office in 2010. |
| "So for 10 years we have had a suppressed capital budget in Scotland and the increases that were announced yesterday, welcome though they are, will not even get us back to the level of capital spending there was before the Conservatives came to office." | "So for 10 years we have had a suppressed capital budget in Scotland and the increases that were announced yesterday, welcome though they are, will not even get us back to the level of capital spending there was before the Conservatives came to office." |
| Mr Swinney acknowledged that new powers coming to Scotland next year would enable him to put up taxes if he wished. | Mr Swinney acknowledged that new powers coming to Scotland next year would enable him to put up taxes if he wished. |
| He said he would set out to parliament "in due course" how he would use those tax powers. | He said he would set out to parliament "in due course" how he would use those tax powers. |
| Speaking to BBC Ratio Scotland's Good Morning Scotland programme, Greg Hands, Chief Secretary to the Treasury, said: "If Scotland had gone independent under the SNP government they would now be facing a fiscal crisis due to the collapse in oil revenues. | |
| He added: "Capital spending will be up 14% in real terms over the course of this parliament - that is £1.9bn extra to invest in long term investment in the Scottish economy in roads and rail and many other projects." |