New System Will Strip Spending Back to Basics to Identify Essentials

Summary

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IT IS difficult to underestimate the significance of this week's decision by the Scottish Cabinet to instigate a root-and-branch spending review of the Scottish Executive's spending plans.

In calling in outside experts and introducing "zero baseline" budgeting across departments Tom McCabe, the finance minister, has given his colleagues a clear message that the days of plenty are coming to an end. Tougher times lie ahead.

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Extract

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New System Will Strip Spending Back to Basics to Identify Essentials

McCabe, who has the backing of Jack McConnell, the First Minister, has realised that the Barnett formula goose is about to stop laying the golden eggs t...

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