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Experts issue warning over Scottish borrowing

Public finance professionals have urged legislators to pay greater consideration to the possible consequences of extending the Scottish Government’s borrowing powers.

Public finance professionals have urged legislators to pay greater consideration to the possible consequences of extending the Scottish Government's borrowing powers.

The Chartered Institute for Public Finance and Accountancy (CIPFA) has warned proposals contained in the Scotland Bill could result in annual £250m debt repayments within a decade.

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