The Institute of Fiscal Studies, an independent think tank, published a report yesterday which said that any attempt by a devolved Scottish parliament to maintain current levels of spending using company taxes would make business rates in the region four times higher than in London.
Labour has committed itself to transferring economic decision-making from Whitehall to Wales, Scotland and the regions of England.
- Financial Times 28/03/96 page 8
- Daily Telegraph 28/03/96 page 8
- Independent 28/03/96 page 25
