Press release

PM statement on the fiscal framework for Scotland: 23 February 2016

Prime Minister David Cameron gave a statement on the fiscal framework for Scotland that the UK and Scottish governments agreed today.

Prime Minister David Cameron said:

This is a significant day for devolution. The agreement is a major milestone in delivering a powerhouse parliament for Scotland and will enable us to meet our commitment to make Holyrood one of the most powerful devolved parliaments in the world.

We have reached a deal which is fair to Scotland and fair to the whole of the UK. It delivers accountability to the Scottish government and transforms politics in Scotland. It means May’s Holyrood elections can be fought on the issues which matter most: how the Scottish government should use these extensive new powers, rather than what they are.

I welcome this agreement which shows that Scotland’s 2 governments can work constructively together for the benefit of Scottish people.

Find out more about the new funding deal for Scotland.