John Swinney has accused the Tories and Labour of ignoring warnings about the impact their economic plan will have on spending cuts.
Swinney said experts have pointed out both Rishi Sunak and Keir Starmer’s plans will mean a further decade of cuts to services likeThe SNP highlighted the Institute of Fiscal Studies said tax and spending plans will mean cuts of £18bn by 2028. Swinney said: “In recent weeks, we have seen a number of very stark economic warnings from experts like the Institute for Fiscal Studies - which outlline the fact that the Tories and Labour are both signed up to sharp spending cuts which will hit our NHS, our schools, and our housing targets.
"It is deeply concerning that Labour and the Tories are debating our econimic future in a parallel universe - by refusing to accept the reality of their decisions. It is well past time for them to come back to the realThe SNP said the Institute for Government’s Chief Economist who has warned “the tax pledges seriously undermine the credibility of their public service aspirations: the parties are presumably hoping the electorate will not notice.