Publication - Strategy/plan
The Outcome of the Targeted Review of the Capital Spending Review – Updated Spending Allocations for 2023-24 to 2025-26
The targeted review of the Capital Spending Review sets out revised capital spending plans for the financial years 2023-2024 to 2025-2026.
Financial Transactions
The table below shows the Financial Transactions allocation per portfolio for 2023-24 and 2024-25. Portfolios receive income from previous Financial Transactions investments which are factored into the gross amounts in the table.
Financial Transactions allocations available for 2025-26 have yet to be confirmed by the UK Government. As with the capital tables, the figures for 2022-23 reflect those published as part of the 2022-23 Scottish Budget.
| Portfolios | Net Financial Transactions | 2-Year Total | Gross Financial Transactions | 2-Year Total | ||||
|---|---|---|---|---|---|---|---|---|
| 2022-23 Budget | 2023-24 | 2024-25 | 2022-23 Budget | 2023-24 | 2024-25 | |||
| Education and Skills | 22.1 | 15.0 | 10.0 | 25.0 | 31.00 | 23.9 | 18.9 | 42.8 |
| Finance and Economy | 284.6 | 258.0 | 254.0 | 512.0 | 298.5 | 292.8 | 288.2 | 581.0 |
| Health and Social Care | 10.0 | 5.0 | 5.0 | 10.0 | 10.0 | 5.0 | 5.0 | 10.0 |
| Net Zero, Energy and Transport | 60.3 | 41.0 | 61.0 | 102.0 | 72.7 | 46.1 | 61.1 | 107.2 |
| Social Justice, Housing and Local Government | 150.0 | 67.0 | 46.0 | 113.0 | 231.0 | 153.0 | 140.0 | 293.0 |
| Totals | 527.0 | 386.0 | 376.0 | 762.0 | 643.2 | 520.8 | 513.2 | 1,034 |
1 Figures may not sum due to rounding.
These allocations include:
- £581 million towards supporting the economy, including capitalisation of the Scottish National Investment Bank and the enterprise agencies.
- £102 million towards addressing the climate crisis with, £42 million to support delivery of the Heat in Buildings strategy and £60 million for the North East and Moray Just Transition Fund.
- £293 million to support the Affordable Housing Supply Programme in 2023-24 and 2024-25 through, for example, shared equity schemes and charitable bonds.
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