Earlier this month Scottish finance secretary John Sweeney called on the UK government to borrow money and inject it into UK wide capital spending to try and boost the UK economy and to try and avoid a double dip recession.
Mere weeks since then we now have announcement that George Osbourne UK chancellor is to inject £30bn into infrastructure projects largely funded by private pension fund investment ( a form of inward borrowing), but of course inkeeping with the current government's rhetoric partly funded through an extra 10bn in public spending cuts.
Is this an adoption of the soo called plan Mac b advocated by the SNP government? Or a last ditch attempt by the chancellor to avoid a disastrous double dip recession?
