News

SFT savings pave way for 12 new schools

Savings of £131 million by the Scottish Futures Trust (SFT) in the last financial year have enabled the country's school building programme to include an extra 12 new schools, according to the government.

The Scottish National Party (SNP), which set up the Trust to avoid what it saw as the worst excesses of private finance initiatives under previous administrations, hailed the results and said they demonstrated a stark contrast with “wasteful Westminster”.

Maureen Watt, the SNP member of the Scottish Parliament who convenes the Infrastructure and Capital Investment Committee, said:  “The fact that the SFT has achieved such a significant level of savings is fantastic news and will be warmly welcomed in the communities which will see new schools built in due course.

“This record of achieving the maximum impact for every penny of public investment stands in stark contrast to wasteful Westminster, where a staggering £31 billion was wasted over the last two years,” Ms Watt added.

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