Financing the new Forth road crossing? It's a bit of a mystery.
Why would Scottish Ministers write to the Treasury, asking the latter to do them a favour (by allowing the Scottish administration to draw on future financial allocations in order to finance the new bridge)? Did they not anticipate that UK Ministers would take a certain amount of pleasure in pointing out the unprecedented nature of such a request and giving it the old heave-ho?
Furthermore, is this not the kind of case where Scottish officials make quiet contact with their Treasury counterparts in advance of any Ministerial approach in order to see how the land lies? Or were Scottish Ministers so desperate to avoid a whacking great hole in their transport announcement that they jumped the gun regardless?
Ideally, the financing should have been sorted out before the announcement. The prospect of bouncing the Treasury into agreement was never going to be realised.
Now we have a mess. Either all sorts of other capital investment is postponed or the SNP swallows its pride over PPP.