The coalition agreement’s commitment to devolve more powers from Westminster to Scotland was one aspect that helped it win strong support from Scottish Liberal Democrats as further devolution has been a long-running Lib Dem demand. Now the Scotland Bill is moving through Parliament to turn those commitments into action.
The BBC reports:
Scottish Secretary Michael Moore [Lib Dem] said the Scotland Bill, giving Holyrood increased responsibility for borrowing, would bring a new phase in devolution.
Mr Moore said the legislation contained the right balance of powers and would give Holyrood greater accountability…
The most eye-catching proposals in the Scotland Bill are plans to give Holyrood limited controls on setting income tax in Scotland, and greater borrowing powers.
It would create a Scottish income tax by cutting 10p off the basic higher 50p rate for Scottish taxpayers, adjusting the block grant in proportion, and allowing Holyrood to apply the tax at a level of its choosing.
You can read the full report here.