Sturgeon: UK austerity 'has failed'

Written By Unknown on Rabu, 11 Februari 2015 | 15.36

11 February 2015 Last updated at 07:35

Scotland's first minister will attack the UK government's economic policy during a speech in London.

Nicola Sturgeon will tell an audience at University College London that Westminster's "austerity economics" have "comprehensively failed".

She will argue growth, productivity and fairness are the keys to long-term recovery.

A spokeswoman for Scottish Secretary Alistair Carmichael said UK government strategy was working.

During a speech to the Constitution Unit research centre, Ms Sturgeon is expected to say the Scottish government's economic approach is more in line with a growing international consensus.

'Beneficial influence'

She will say: "The UK government's economic policy has failed: categorically and comprehensively. And not by my reckoning, but on the UK government's own terms.

"Perhaps most damagingly of all for the UK government's credibility, it has failed to meet its own deficit reduction targets.

"But what the UK government is now telling us is this: austerity hasn't worked, so we need even more of it."

Ms Sturgeon will be talking as head of the Scottish government, rather than as leader of the SNP.

But with three months to go to until the general election, she is expected to hint at her party's role after 7 May, saying she hopes Scotland can "exert a beneficial influence" on developments in London.

'Strategy is working'

A spokeswoman for Scottish Secretary Alistair Carmichael said: "All the bombast in the world will not change the reality that the UK government's economic strategy is working.

"Whether Nicola Sturgeon likes it or not, this government has cut borrowing by £52bn from the level we inherited.

"That's why the markets have regained confidence, the cost of borrowing and mortgages is at a record low, and we are vying with the United States for the strongest economic growth in the G7."

Labour has joined in the criticism of the coalition government's economic policies but claimed it represents the real alternative.

Shadow Scottish Secretary Margaret Curran said: "This Tory Government's economic policies have failed Scotland. People are £1600 a year worse off under David Cameron, many are struggling to put food on their tables and more people are in low paid and insecure work than in 2010.

"Scotland can't afford another five years of David Cameron, but Nicola Sturgeon wants to help the Tories get back into power.

"Every vote for the SNP in May is another boost for David Cameron, and makes it more likely that he will be Prime Minister for another five years."


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