The Deputy First Minister said the Tories have “threatened the financial security of millions of people”.
The impact of Liz Truss’s first few weeks in government on the economy has destroyed any economic arguments against independence John Swinney has said.
He attacked the Conservatives on their policy of lifting a cap on bankers’ bonuses and on the decision to give tax cuts to the richest and to reduce the value of social security benefits.Swinney, in his speech to the SNP Conference in Aberdeen, said the Bank of England took emergency action to avoid a collapse of British Pension funds.
“In an act of fiscal recklessness, the Tories have threatened the financial security of millions of our people, jeopardised the homes of many through higher mortgages and shredded in one fell swoop the fiscal credibility of the United Kingdom.”As the SNP seeks to hold a second referendum next year and awaits the ruling of the Supreme Court in whether it is within the powers of the Scottish Government Swinney recalled the 2014 referendum.
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