Scottish budget 2015-16: Labour accuse Swinney of U-turn

Scottish Labour finance spokesperson Jackie Baillie has accused John Swinney of "the fastest U-turn in history" over the Land and Buildings Transactions Tax.

John Swinney had earlier confirmed that he will reduce proposed new tax rates on property purchases in Scotland in response to changes already announced by the Chancellor George Osborne.

Ms Baillie said: "Having announced his intentions at the tail-end of last year to make this a fair and progressive tax, it took John Swinney just 100 days to change his mind.

"Now that must be the fastest U-turn in history."