Scotland's 'Kilts' Bonds: A New Era of Funding

Scotland Unveils Kilts Bonds: A Proud Day for Scotlands EconomyScotland has announced an ambitious plan to fund major infrastructure projects, dubbed kilts, following its achievement of the same credit rating as the UK. This move, led by Scotlands pro-independence government, aims to boost economic strength and launch large-scale projects. The first bonds are set to be issued next year, focusing on key capital priorities like net zero emissions and housing needs. However, a potential downgrade in credit ratings looms if Scotland pursues independence from the UK.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.