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| Swinney warns of Scots budget cut | Swinney warns of Scots budget cut |
| (21 minutes later) | |
| Scotland's budget could be cut by £500m after Chancellor Alistair Darling's pre-Budget statement, it is claimed. | Scotland's budget could be cut by £500m after Chancellor Alistair Darling's pre-Budget statement, it is claimed. |
| The development was described as a "serious issue" by Scottish Finance Secretary John Swinney. | The development was described as a "serious issue" by Scottish Finance Secretary John Swinney. |
| Mr Darling's plan to get the economy moving again included an extra £5bn in efficiency savings - which will have an impact north of the border. | Mr Darling's plan to get the economy moving again included an extra £5bn in efficiency savings - which will have an impact north of the border. |
| Scottish Secretary Jim Murphy said the pre-Budget report would boost the Scottish economy by £2bn. | Scottish Secretary Jim Murphy said the pre-Budget report would boost the Scottish economy by £2bn. |
| He conceded there would be future ''belt tightening'' in UK Government expenditure and that would include Scotland. | He conceded there would be future ''belt tightening'' in UK Government expenditure and that would include Scotland. |
| The Labour Government has decided to act Jim MurphyScottish secretary That, he said, could conceivably impact on future block grant payments from the UK Treasury to Scotland. | |
| The Scottish secretary told BBC Scotland that the UK could not resolve the effects of the global financial crisis by itself, but added: "We're taking enormous measures to try our best to stave off the worst consequences of it, but it does rely on international co-operation. | |
| "We're faced with a choice - do we sit on the sidelines as spectators and watch more people loose their jobs, their homes, their businesses, or take this action? The Labour Government has decided to act." | |
| The Scottish budget cut could apply by 2010-11, Mr Swinney said. | The Scottish budget cut could apply by 2010-11, Mr Swinney said. |
| But he also welcomed changes which would allow capital expenditure to be brought forward, as well as the cut in VAT, from 17.5% to 15%. | But he also welcomed changes which would allow capital expenditure to be brought forward, as well as the cut in VAT, from 17.5% to 15%. |
| The Scottish Conservatives claimed the pre-Budget report would increase the "black hole" in the Scottish Government's plans to replace council tax with local income tax by £300m. | |
| The party's finance spokesman, Derek Brownlee, said: "The SNP cannot hide from reality any longer. | |
| "It is time to kill off local income tax and concentrate on the Conservative solution of cutting and reforming council tax." |