Skip to content
Friday 28 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,792.54
-0.79%
DAX
26,367.24
+0.31%
CAC 40
8,319.87
-1.68%
STOXX 50
6,424.73
-0.71%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 16 June 2015 7:28 am

SNP calls for full fiscal autonomy for Scotland but Tory minister slams it as a “shambles”

By: Ashley Kirk

Add as a preferred source on Google

The SNP is using its newly acquired Westminster clout to push for more powers to be devolved to Scotland. 

The party, which is now the third largest in Parliament, has sent a letter to the government's Scottish secretary David Mundell calling for more Holyrood powers. 

Under its plans, Scotland would be able to control corporation tax, capital gains tax, the minimum wage and National Insurance.

Read more: Don’t fear the SNP: The City can do business with Scottish nationalists

The SNP had previously sought an amendment to the Scotland Bill in the House of Commons, which would have given it full fiscal autonomy, but it was defeated by 249 votes. 

Current legislation in the Scotland Bill would give Scotland control of 40 per cent of tax and 60 per cent of borrowing, allowing the Scottish Parliament to have control over income tax rates, air passenger duty and some benefits.

The SNP's deputy first minister, John Swinney, wrote a letter saying this did not go far enough. He said full fiscal autonomy was the best route to fulfilling Scotland's potential.

Conservative Scottish secretary David Mundell said full fiscal autonomy would cost every Scottish family £5,000 and described the plan as a "shambles".

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • Scottish devolution

Trending Articles

  • Pensioners to hand over bank statements in government benefits crackdown

  • Andy Burnham hints at tax rises in Autumn Budget

  • Brewdog founder James Watt hits out at ‘total silence’ over new venture

  • Lloyds Bank and Halifax users unable to use app in latest outage

  • Economists urge Bank of England to halt bond sales as borrowing costs climb

More from Morning Wire

  • The Highland tourist tax: Is Scotland pricing out whisky tourists?

    Whisky
    Red deer stag on a heather-covered hillside overlooking a loch and mountains in the Scottish Highlands
  • Give London power to level up the rest of the country

    Opinion
    Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.
  • Can John Healey deliver Burnham’s make-or-break devolution agenda?

    Economics
    John Healey, in a red tie, speaking with Andy Burnham, wearing glasses and a dark blue jacket, outdoors.
  • Why The Outer Hebrides is Scotland’s ultimate wellness escape

    Life&Style
    Aerial view of Outer Hebrides coastline, turquoise sea, white sand beach, green fields, and scattered homes.
  • Energy discount scheme for homes near new pylons branded ‘bribe’ by Reform

    Energy
    Pylons standing tall against a clear sky following Engies acquisition of UK Power Networks, symbolizing energy sector growth.
  • Budget 2026: Which taxes will Burnham and Healey hike?

    Tax
    Andy Burnham, John Healey, and Louise Haigh by a doorway, discussing tax policy for a news article.
  • Balfour Beatty ups profit forecasts as it defies construction gloom

    Transport & Infrastructure
    Balfour Beatty construction site showcasing cranes, workers, and building progress against a city skyline backdrop
  • Healey told tax rises for fiscal remedy are ‘not required’

    Economics
    Massachusetts Attorney General Maura Healey, smiling and gesturing, speaks at a podium.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook