UK Government slammed after handing Scotland’s railways a massive ‘real-terms cut’
From The National: Scottish ministers have demanded a “fair funding deal” for Scotland’s railways after the UK Government announced a “real terms cut” in investment over future years.
The Treasury said the Scottish Government will receive more than £3.6 billion over five years from 2019/20, an increase of £600 million on the previous period. But the Scottish Government said this is a “real terms cut” that will lead to a £600 million shortfall as it needs £4.2 billion over that period.
But the Scottish Government said that changes due to be introduced by the UK Government in 2019 will lead to a shortfall that will have a “massive impact” on the country’s railways.