Correspondence, 8 September 2026

Letter to the Chancellor ahead of Budget 2026

Seven practical asks ahead of the 28 October Budget, from Great British Energy funding to borrowing powers.

Ahead of the Budget on 28 October, Scotland 2050 wrote to the Rt Hon John Healey MP, Chancellor of the Exchequer, setting out seven practical asks. Given the current fiscal position, we are not asking for large sums of new money. Instead, we are asking that existing funding is reprioritised, that commitments already made are honoured, and that the Scottish Government is given the powers to deliver more.

This builds on the proposals set out in our 2026 manifesto.

Our seven asks

Energy

Confirm remaining funding for Great British Energy in Aberdeen, and support transitional arrangements on transmission charging ahead of 2029 reform.

Scale-ups

Implement the Business and Trade Committee's recommendations to stop Scottish scale-ups being acquired before they reach maturity.

Grangemouth

Publish what is currently in the investment pipeline, and clarify what happens to the £200 million if no proposition meets the National Wealth Fund's criteria.

Port investment

Extend accelerated tax allowances to qualifying port infrastructure outside Green Freeport sites.

US pre-clearance

Support and expedite agreement for passenger pre-clearance at Scottish airports.

Borrowing powers

Confirm the Fiscal Framework Review will cover capital borrowing limits, indexation, repayment terms and the Scotland Reserve.

AI and workers

Ensure support for workers displaced by automation is designed ahead of time, not after the fact.