THE SNP Scottish government’s “buy now pay later” approach to budgeting has dug a £1 billion black hole in its finances, according to Scottish Labour.

Labour MP John Grady will use a Westminster Hall debate today to condemn the “mess the Tories and the SNP made of our economy.”

The debate comes just days after Scotland’s Auditor General Stephen Boyle branded the country’s public-sector finances “unsustainable” and urged the Scottish government to “move beyond making short-term savings to balance its budget.”