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Sunday, July 13, 2025

UK Government Urged to Protect People From Rising Interest Rates

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After meeting the Chief Secretary to the Treasury, John Glen, in Cardiff today, Deputy First Minister Shona Robison said:

“Given that we are experiencing record falls in living standards, the Scottish Government has repeatedly asked the UK Government to do more to support those most impacted by increasing inflation, interest rates and living costs.

“With interest rates having risen yet again, I made this case once more to the Chief Secretary to the Treasury this morning.

โ€œWe recognise the growing pressures on family budgets and have allocated almost ยฃ3 billion, both last year and this, to support policies which tackle poverty and to protect people as far as possible during the cost of living crisis.

“This includes increasing the Scottish Child Payment to ยฃ25 a week per eligible child and providing access to free childcare, prescriptions and bus travel.”

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