Cable confusion over Corporation Tax powers

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Pressure mounted today on the UK Government over the transfer of powers over Corporation Tax after the release of a full interview with Vince Cable exposed his clear support for such devolution yesterday.

Following the release of comments by Cable in an interview with the New Statesman in which  he said the logic of devolving corporation tax was “irresistible” putting him at odds with the Scotland Office he later claimed he had made clear it was “a tricky area”  – a claim not supported by the interview.

SNP MSP for Cunninghame North Kenneth Gibson said:

 

“Vince Cable clearly believes the logic of devolving corporation tax is “irresistible”.

“No amount of spin from the Scotland Office or the Treasury can take away his comments. In fact they have simply made it worse.

“His views on the logic of devolving corporation tax are now clear and Lib Dems in the Scottish Parliament, the Scotland Office and the Treasury should follow that lead.

“The Lib Dems are at sixes and sevens over a policy that was part of their own Steel Commission on devolution and has cross party backing in the Scottish Parliament.

“Scotland has given a clear mandate for extending the powers of the Parliament beyond those of the Scotland Bill to create jobs and manage our own economy.