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General election 2019: Labour to pledge £100bn investment in Scotland General election 2019: Labour to pledge £100bn investment in Scotland
(about 1 hour later)
A Labour government would invest £100bn in Scotland over a 10-year period, its manifesto is set to claim. A Labour government is expected to announce it will invest £100bn in Scotland over a 10-year period.
The UK Labour Party is to set out the details of its platform for the snap election on 12 December. The UK party will unveil its manifesto for December's snap election later.
Shadow Chancellor John McDonnell had previously pledged £70bn of investment in Scotland, but this is now to rise to £100bn over 10 years in the manifesto. Shadow Chancellor John McDonnell had previously pledged £70bn of investment in Scotland, but this is to rise to £100bn over 10 years.
Scottish Labour leader Richard Leonard said this funding should be used to "transform our public services". The manifesto is also expected to include a windfall tax on oil companies as part of plans to "transform" the UK into a low carbon, green economy.
However, spending on devolved areas will ultimately be decided by the Scottish government at Holyrood. There has been internal controversy over the idea of a one-off oil industry tax, with some trade union officials fearing it would hit the North Sea oil industry.
The SNP has challenged Labour to match its policy platforms on topics ranging from climate change to Brexit and immigration. Party sources say the manifesto is expected to include other "radical" environment polices, but a conference pledge to make the UK zero carbon by 2030 is set to be watered down.
The new investment figure is based on policy commitments in Labour's manifesto, and includes £50bn of direct investment through the party's National Investment Bank and National Transformation Fund plans, and another £50bn in "Barnett consequential" cash going to Holyrood as a result of spending on devolved issues elsewhere in the UK.The new investment figure is based on policy commitments in Labour's manifesto, and includes £50bn of direct investment through the party's National Investment Bank and National Transformation Fund plans, and another £50bn in "Barnett consequential" cash going to Holyrood as a result of spending on devolved issues elsewhere in the UK.
Analysis by Douglas Fraser, BBC Scotland's business and economy editorAnalysis by Douglas Fraser, BBC Scotland's business and economy editor
In a crowded field for big spending promises, a Corbyn-led Labour was always going to want to be the one that had the biggest bazooka.In a crowded field for big spending promises, a Corbyn-led Labour was always going to want to be the one that had the biggest bazooka.
So, while the Lib Dems talk of a £50bn dividend from not leaving the EU, Labour has gone for clear red water between its offer and that of its rivals.So, while the Lib Dems talk of a £50bn dividend from not leaving the EU, Labour has gone for clear red water between its offer and that of its rivals.
But can it be afforded? Read more here.But can it be afforded? Read more here.
UK parties cannot directly pledge money to devolved services in this election because spending priorities for areas like health, education and housing are set by the Scottish government, and ministers at Holyrood can spend the Barnett funds however they want.UK parties cannot directly pledge money to devolved services in this election because spending priorities for areas like health, education and housing are set by the Scottish government, and ministers at Holyrood can spend the Barnett funds however they want.
But Mr Leonard said a Scottish Labour administration at Holyrood would use the money on public services, industry and infrastructure.But Mr Leonard said a Scottish Labour administration at Holyrood would use the money on public services, industry and infrastructure.
He said: "This extra investment will provide the funding that Scottish Labour would use to build 120,000 new council and social homes, invest £6bn in retrofitting homes to the highest energy efficiency standards, and bring dignity back to care workers and care users alike with a 25% increase in investment in social care.He said: "This extra investment will provide the funding that Scottish Labour would use to build 120,000 new council and social homes, invest £6bn in retrofitting homes to the highest energy efficiency standards, and bring dignity back to care workers and care users alike with a 25% increase in investment in social care.
"Under my leadership in Scotland, and Jeremy Corbyn's across the UK, Labour is now offering the people of Scotland a chance to break free from the failed policies of the Tories in Westminster - and from the SNP's cuts, which they would accelerate in a separate Scotland.""Under my leadership in Scotland, and Jeremy Corbyn's across the UK, Labour is now offering the people of Scotland a chance to break free from the failed policies of the Tories in Westminster - and from the SNP's cuts, which they would accelerate in a separate Scotland."
The SNP has challenged Labour to match its policy platforms on topics ranging from climate change to Brexit and immigration.
SNP Westminster leader Ian Blackford said Labour had "fudged the key issues facing Scotland".SNP Westminster leader Ian Blackford said Labour had "fudged the key issues facing Scotland".
He said: "With the SNP government leading the way on climate change, setting out a positive case for strengthening immigration and protecting freedom of movement, and opposing the immoral and costly Trident nuclear weapons system, Labour must back the SNP's plans.He said: "With the SNP government leading the way on climate change, setting out a positive case for strengthening immigration and protecting freedom of movement, and opposing the immoral and costly Trident nuclear weapons system, Labour must back the SNP's plans.
"If Labour fails to commit to those progressive policies in their manifesto, it will be yet another reminder that beyond the rhetoric there is no substance.""If Labour fails to commit to those progressive policies in their manifesto, it will be yet another reminder that beyond the rhetoric there is no substance."
The Conservatives have insisted that only under their leadership will the UK have a strong enough economy to invest in services.The Conservatives have insisted that only under their leadership will the UK have a strong enough economy to invest in services.
And Scottish Conservative interim leader Jackson Carlaw said Jeremy Corbyn "thinks Scotland is expendable" and would allow a new independence referendum to be held in return for SNP backing to put him in Downing Street.And Scottish Conservative interim leader Jackson Carlaw said Jeremy Corbyn "thinks Scotland is expendable" and would allow a new independence referendum to be held in return for SNP backing to put him in Downing Street.
He said: "Quite simply, If Mr Corbyn becomes Prime Minister, the Union is in immediate danger." He said: "Quite simply, if Mr Corbyn becomes Prime Minister, the union is in immediate danger."
The Scottish Lib Dems meanwhile have called for "transformational investment" in mental health services and for Brexit to be cancelled.The Scottish Lib Dems meanwhile have called for "transformational investment" in mental health services and for Brexit to be cancelled.