The Scottish budget process operates on a two year cycle around the biennial Spending Review. The 2007 spending plans were agreed by the Scottish Parliament on November 14, 2007. Its key commitments are:
- The reduction - and for many the removal - of business rates affecting 150,000 small business premises
- Reduced rail journey times between our major cities
- An ambitious programme to tackle climate change
- Resources to freeze the Council Tax
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