Our progressive approach to taxation helps to target investment in economic growth, deliver public services and support cost-of-living measures not available elsewhere in the UK, such as free tuition, free prescriptions and our plans for a…

A key part of making that economic growth a reality will be getting the framework right on non-domestic rates.

The Scottish Government is absolutely determined to drive economic growth, and enable businesses to invest, grow, and create jobs.

Bonds are a standard form of borrowing for governments around the world.

These are an endorsement of the strength of the Scottish economy and efforts we are making to drive that forward.

This new framework will play an important role in supporting the delivery of the Scottish Government’s bond programme, bringing together a range of market expertise.

The funding raised from these bonds will help support delivery of the capital infrastructure projects outlined in the Spending Review, while allowing the Scottish Government to diversify its borrowing.

The Scottish Government’s bond programme is underpinned by high investment grade credit ratings from two global credit rating agencies.

I am today announcing that the Government will establish an independent panel to undertake a rapid review of the outcomes of the 2026 re-evaluation.

our approach to tax must continue to be based on fairness

That is why work is under way to introduce a private jet tax and a mansion tax.