Salmond urges Osborne to follow Holyrood's lead as Scottish unemployment figures fall

Prime Minister is the decision to accelerate capital spending in Scotland as "Plan B" is suitable for all UK

Prime Minister

of Scotland, Alex Salmond, George Osborne urged to reverse the deep cuts in spending after the employment figures further showed that the different policies in Scotland job creation were having a "powerful" effect.

aa

Salmond was sustained after the latest quarterly statistics showed that Scotland was the only part of the UK to see a decline in unemployment and a net increase of finding work, which seems confirm a tendency to one year.

Aa employment increased by 23,000

Scotland between May and July, while the unemployment rate fell in 3000, leading to a total level of 71.6% occupied. In the UK, the number of unemployed increased by 80,000 while total employment fell by 69,000, leaving 70.5% of the working population.

Salmond said the figures "very strong" were proof that the Scottish Government's strategy to accelerate capital investments last year, improving access to finance for SMEs and operating a policy of non-compulsory-redundancy in the public sector had been successful.

Analysis

Scottish Government has shown that job creation in the private sector was running at double the rate of loss of jobs in the public sector throughout the year. With the contraction with a reduction in expenditure, employment in public services has been reduced by 25,000 through attrition and voluntary departures, and had increased by 55,000 in the private sector.

In the last year, total employment rose by 36,000 in Scotland, compared to an overall increase in the UK for only 24,000.

However, these figures hide a sharp rise in youth unemployment, which stood at 45,000 in Scotland in July, after rising 10% yoy.

This strategy is threatened by the British government's determination to continue to reduce public spending and capital investment, said Salmond.

"I do not see this significant recovery in employment in Scotland, blown off course by the policies pursued or not pursued by the Chancellor of the UK, there is an obvious danger that," at he said. "I would say that each of these three aspects of the economic strategy for Scotland are absolutely necessary for a" Plan B "for the economy of the United Kingdom."

Salmond said his government's broader economic policies were also to increase confidence. Your council tax freeze since 2007, the abolition of prescription rate and the introduction of interest rate of 0% for small companies had helped boost economic recovery. The Scottish government has gone ahead with infrastructure spending, such as extensions of the M74 and M80 motorways and new hospitals.

• But his claims were disputed by the ministers of the United Kingdom, who believe that the analysis is too simplistic Salmond. Michael Moore, the secretary of the British government in Scotland, said that the macroeconomic policies of the conservative coalition led by the United States to stimulate growth, including low-income tax and increased tax concessions for new businesses , be effective in its own right.

This was supported by Christine Lagarde, the Director General of the International Monetary Fund last week, Moore said, before admitting that the long-term unemployment and youth were still important and necessary measures additional.

"Our plan has brought stability and confidence in the economy, and the abandonment of the plan could undermine the recovery and job creation," said Mr. Moore. "But we also know that reducing unemployment requires more than a return to growth: we must understand and address the causes of youth unemployment and durable too. "

Salmond admitted that his decision to bring forward capital spending last year the Treasury Department grant this year in Scotland, enabling you to accelerate investment, spending on the future. But he said the overall reduction of 40% of capital expenditure by the Treasury resumed significant damage.
also acknowledged that the British government's decision to speed up loan new powers to Scotland, giving a boost to access £ 230 000 000 this year, was also helpful. This will allow a new Forth Road Bridge to be built.

Find best price for : --Osborne----STUC----Salmond----Scottish--