The UK government has indicated that the Scottish government should receive between 295m and 330m to address an increase in employer National Insurance contributions, despite the Scottish government's claims that the hike will cost them 500m.
Chancellor Rachel Reeves emphasized that Scotland would receive 3.4bn in additional funding in the following budget cycle, but urged Holyrood ministers to use these funds effectively rather than to rectify financial mismanagement.
A UK government source stated that the overall additional funding available to Holyrood will surpass 5bn, demanding that the SNP delivers on public service improvements instead of mismanaging financial resources.
National Insurance contributions are crucial revenue for the UK, particularly impacting public sector employees in Scotland, where about 600,000 people work, accounting for 22% of the workforce.
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