06-02-2017 08:00 via theguardian.com

Scotland needs publicly funded bank, says thinktank

Report follows concerns about rising public debt from private financing of new roads, schools and hospitals in ScotlandThe Scottish government is under growing pressure to replace its private finance programme with a publicly funded bank to build new schools, roads and hospitals.The Common Weal, a pro-independence thinktank, said it should also replace the Scottish Futures Trust (SFT), the government agency that champions private financing projects such as a new Aberdeen bypass contract, which i
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