Projects and funding
Most interestingly responsibility for the distribution of what was branded ‘levelling-up’ funding north of the border, by the previous government, has now passed to the Secretary of State for Scotland, Ian Murray MP. Where this funding is directed, and what kind of projects it supports, will be keenly anticipated as the new Labour UK Government targets £3 of private sector investment for every £1 of public money that is spent.
With the Holyrood elections in 2026 anticipated to be the most keenly contested for several years, there may be opportunities as both the Westminster and Holyrood governments seek to use their respective powers in the intervening period to deliver more development in Scotland.