New powers financial deal discussed

First Minister Nicola Sturgeon and Prime Minister David Cameron have agreed a final deal on the fiscal framework that will accompany the Scotland Bill.

Nicola Sturgeon

The fiscal framework is crucial to determining Scotland’s budget once new tax powers are devolved and both parties have now agreed that the arrangement should be a fair deal for both parties.

The First Minister also used the meeting to raise the issue of the strong opposition in Scotland to the Trade Union Bill with the Prime Minister. The discussion also covered on-going security matters.

Following the meeting, the First Minister said:

“I have made clear to the Prime Minister that I want to conclude a deal on the fiscal framework in time for the Scotland Bill to pass into law before the Scottish elections, however, I will not sign up to a deal that is unfair to Scotland.”

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