Funding Plans Do Not Bode Well for Se's Future

Summary


THE morning after Scotland's finance minister Andy Kerr unveiled the Executive's latest spending plans through to 2007/08, another (pounds) 86 billion over three years towards "building a better Scotland", I listened to Sir John Ward, the new chairman of Scottish Enterprise, deliver the annual Scottish Urban Regeneration Forum (SURF) lecture in Glasgow.

Ward was coy about SE's future role in this massive construction project, one that puts both the cost and the creation of Enric Miralles's seat of Scottish government into a fresh perspective. The Executive's restatement of its smart successful Scotland strategy is still awaited. And while there's a lot more money for further and higher education in these Kerr plans, they keep SE's own budget flat-lining after inflation.

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Funding Plans Do Not Bode Well for Se's Future

There's an (pounds) 8 million cut next year to (pounds) 441.1m, followed by allocations of (pounds) 456.1m in 2006/07 and (pounds) 466.1m in 2007/08. A continuing budget squeeze is not the only challenge the larger of Scotland's two enterprise agency faces.

The Li...

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