News · 12 August 2026

Scotland's deficit falls to £25.3bn as tax revenue grows

Scotland's public spending deficit dropped by £600m last year, reaching £25.3bn, as tax revenue increased more quickly than expenditure. Revenue saw a £6.3bn increase, reaching £98.3bn, a 6.9% rise, and expenditure climbed by £5.7bn to £123.6bn. Consequently, the expenditure for each individual in Scotland stood at £22,281, surpassing the UK average by £2,720.

By BriefTea Editorial · 12 August 2026 at 12:40

Reported by BBC · How we write briefs

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