Budget 2013: Scotland - Changes give Holyrood an extra £176m

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Indy Politics

An extra £176m will be available to the Scottish Government because of decisions made in the Chancellor's Budget, according to the UK Government.

The additional spending power is the result of a £279 million increase in capital spending and a £103 million reduction in the day-to-day resource budget. The extra money was calculated through a formula which allocates money to the devolved administration.

Michael Moore, the Lib Dem Scottish Secretary, said the measure showed the Coalition was "building a stronger economy and fairer society to equip Scotland and the UK to succeed in the global race."