Cabinet Finance Secretary John Swinney will use his speech at the Scottish Futures Trust (SFT) conference on Tuesday to give approval to the UK’s first tax increment financing (TIF) scheme – six months later than expected.
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Docks scheme to be standard bearer for tax-backed loan plan
Leith Docks in Edinburgh will this week be unveiled as the UK pioneer of an economic development scheme that will see the council borrow more than £84 million against future business-rate revenue.
