Achieving a Fair Balance in the UK’s Economy - Amendment 1
Submitted by:
Daniel Johnson,
Edinburgh Southern, Scottish Labour.
Date lodged:
Tuesday, 04 March 2025
Motion reference: S6M-16667.1
Current status:Taken in the Chamber on Wednesday, 05 March 2025
As an amendment to motion S6W-16667 in the name of Kate Forbes (Achieving a Fair
Balance in the UK’s Economy), leave out from “deserve” to end and insert “must
gain greater recognition in order to reach their potential, attract investment
and deliver growth and opportunity across Scotland; welcomes the UK
Government’s commitment to investing in Scotland since July 2024, which
includes £200 million to secure the future of Grangemouth, £125 million for
Great British Energy, based in Aberdeen, £5 million to support the Scotch
Whisky industry, £1.4 billion in important local growth projects of which there
is at least £200 million to revive specific Scottish towns, support for Glasgow
City Region and North East Scotland Investment Zones and a commitment that Glasgow
will be one of the four initial regions to benefit from strategic partnerships
with the new National Wealth Fund; notes that these measures have been
announced within months of a Labour administration, and, by contrast, the
Scottish National Party administration took 16 years to convene an investor
panel to make recommendations on how Scotland can attract international capital
investment; understands that the investor panel for mobilising international
capital to help finance the transition to net zero highlighted significant
issues, including that the ‘prevailing perception is that the Scottish
Government and wider public sector is not supportive of business’ and that ‘the
current investment pipeline is too diffuse. A pipeline needs to be formed of projects
that are properly costed, shaped and prioritised. It needs to be a real
pipeline, not a wish list’; further understands that addressing these concerns
will be key to unlocking the potential of Scotland to attract investment, and
calls for the Scottish Government to use all levers available to it, and to
work constructively with the UK Government, to achieve the shared ambition of
delivering growth and prosperity across Scotland.”
Vote
Result20 for, 94 against, 0 abstained, 15 did not voteVote Defeated