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Salmond in £1bn Westminster plea Salmond in £1bn Westminster plea
(10 minutes later)
First Minister Alex Salmond is to press the UK Government for a £1bn funding package to help save the Scottish economy from recession.First Minister Alex Salmond is to press the UK Government for a £1bn funding package to help save the Scottish economy from recession.
The measures will be set out as he convenes a special economic cabinet meeting in Edinburgh on Tuesday.The measures will be set out as he convenes a special economic cabinet meeting in Edinburgh on Tuesday.
But Labour has branded the move a "dishonest" claim for funds that were not available.But Labour has branded the move a "dishonest" claim for funds that were not available.
The economic cabinet comprises all cabinet secretaries as well as junior ministers.The economic cabinet comprises all cabinet secretaries as well as junior ministers.
The cabinet will look at areas where spending can be brought forward in the government's plans to boost the economy.The cabinet will look at areas where spending can be brought forward in the government's plans to boost the economy.
"We should also be in a position during these difficult times to use Scotland's resources much more fully," a spokesman for Mr Salmond said. It makes every sense for the tight and unfair Westminster controls on Scotland's budget to be relaxed Alex Salmond's spokesman "We should also be in a position during these difficult times to use Scotland's resources much more fully," a spokesman for Mr Salmond said.
"That is why the economic cabinet will identify additional resources which could form a potential £1bn programme of investment to help reflate Scotland's economy." "That is why the economic cabinet will identify additional resources which could form a potential £1bn programme of investment to help reflate Scotland's economy." It makes every sense for the tight and unfair Westminster controls on Scotland's budget to be relaxed Alex Salmond's spokesman
The spokesman added that the UK Government's own budget rules had effectively been "set aside" to deal with the current financial and banking crisis.The spokesman added that the UK Government's own budget rules had effectively been "set aside" to deal with the current financial and banking crisis.
"It makes every sense for the tight and unfair Westminster controls on Scotland's budget to be relaxed - so that we can invest in a package to support the real economy, and stave off the real threat of recession," he said."It makes every sense for the tight and unfair Westminster controls on Scotland's budget to be relaxed - so that we can invest in a package to support the real economy, and stave off the real threat of recession," he said.
But Labour's former finance minister Andy Kerr dismissed the package.But Labour's former finance minister Andy Kerr dismissed the package.
"This package is another cynical attempt at spin and it is dishonest to claim for funds that are not available," he said."This package is another cynical attempt at spin and it is dishonest to claim for funds that are not available," he said.
"Alex Salmond should abandon his proposals for the Scottish Futures Trust (SFT) and get on with capital programmes and infrastructure development. The CBI and construction industry are crying out for them."Alex Salmond should abandon his proposals for the Scottish Futures Trust (SFT) and get on with capital programmes and infrastructure development. The CBI and construction industry are crying out for them.
"The parliament's economic committee was told last week by representatives from the construction industry that delays in SFT were creating a black hole in Scotland's infrastructure programme.""The parliament's economic committee was told last week by representatives from the construction industry that delays in SFT were creating a black hole in Scotland's infrastructure programme."