Spending Review Signals Shift in Scotland’s Economic Priorities
In a sweeping Spending Review that could shape Scotland’s economic and strategic landscape for years to come, UK Chancellor Rachel Reeves has outlined significant funding allocations targeting defence, technology, and climate infrastructure—positioning Scotland as a critical node in the UK’s future-facing investment strategy. Among the headline figures: £250 million for the Royal Navy’s nuclear submarine base at HMNB Clyde in Faslane £750 million to establish the UK’s most powerful supercomputer in Edinburgh New support for the Acorn carbon capture and storage (CCS) project in St Fergus, Aberdeenshire Together, these projects form a central part of Labour’s “growth-first” approach—aiming not only…
