Liz Truss has urged Nicola Sturgeon to follow her lead with tax cuts that could "turbocharge" Scotland's economy.

The prime minister told the BBC that measures outlined in her mini-budget - which have prompted market turmoil - should be replicated at Holyrood.

She also backed an increase in nuclear power plants in Scotland and upping North Sea fossil fuel production to fight the energy crisis.

The first minister said Ms Truss should axe her "abhorrent" financial policies.

Westminster's tax plans, which include scrapping the 45p income tax band for top earners, have not been adopted at Holyrood, where income tax powers are devolved.

What's happening today?

Here is today's local and national political diary:

Scottish Parliament

No scheduled business

UK Parliament

No scheduled business

Aberdeenshire Council

Meetings of the Local Review Body and Educational Trust Sub-committee are due to take place today.

Aberdeen City Council

No scheduled business

News/Consultations/Funding

  • Developing a Scottish tax to replace the UK Aggregates Levy – The Scottish Government is consulting on a proposal to introduce a Scottish replacement of the UK and are seeking views on how it should be structured and operate. To respond to the consultation, or for more information, please see here.
  • The Flexible Workforce Development Fund - £15k available for Scottish businesses to retrain and upskill workforce. More information can be found here.
  • Low Carbon Transport Business Loan 2022/23 – Interest free loans are available to Scottish businesses to help lower their transport and travel costs. These loans are funded by Transport Scotland and have a repayment term of up to 6 years. More information can be found here.
  • Recovery Loan Scheme extended – The UK Government has extended the Recovery Loan Scheme (RLS) by a further two years, with applications opening in August 2022 – when further details on the scheme will also be released. More information can be found here.
  • £22 million support package to help unemployed people over 50 find work – The package will fund new measures that will help thousands of people across the UK who are over the age of 50 and unemployed. As a result, they will be given further individual support to help them find work before retirement. More information can be found here.
  • Investing in net zero energy – new funding to drive innovation within the hydrogen sector and accelerate its production and storage has been launched. More information can be found here.
  • Switched on Taxis Loan – Interest free loans of up to £150,000 are available to help owners and operators of hackney cabs and private hire taxis to replace their current vehicles with an eligible ultra-low emission vehicle. For further information please click here
  • Low Emission Zone Support Fund for Businesses - Eligible Scottish micro businesses and sole traders can apply for up to £2,000 to take older, more polluting vehicles off the road and move towards cleaner transport options. This is for operating vehicles that are not compliant with the Low Emission Zone (LEZ) standards, in Scotland’s 4 largest cities. More information can be found here.

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