Economy

scottish national investment

Scottish National Investment Bank: An innovative approach to future investment in Scotland

The newly launched Scottish National Investment Bank provides an eagerly awaited platform for a more innovative approach to future investment in Scotland. It’s not supposed to operate like other banks; for a start, its shareholders are you and me – the Scottish people. With a mission to think differently and independently, it’s the champion of …

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protect jobs

Two simple priorities; protect people, protect jobs

For Government, there should be two simple priorities during this pandemic; the first is to protect people in our communities by preventing the virus from spreading, the second is to protect jobs and livelihoods. Healthy communities need as close to full employment as possible, not just because families need to put food on the table, …

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RELEASE: Further financial blow for the self-employed

SNP URGE UK GOV TO PREVENT ANOTHER FINANCIAL HIT FOR THE SELF EMPLOYED The SNP’s Shadow Business Secretary has called on the UK government to immediately announce an extension the suspension of the Minimum Income Floor (MIF) within Universal Credit beyond 13th November to prevent another financial blow for self-employed people during the coronavirus crisis …

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bounce back loan scheme

RELEASE: Action needed on bounce back loan scheme to protect businesses

Following a new report, the SNP has renewed calls for the Treasury to protect thousands of jobs and businesses from going under by turning its Bounce Back Loan Scheme (BBLS) into grants or equity – as well as writing off repayments for struggling firms. It comes after the National Audit Office (NAO) highlighted in its report …

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abdicating its responsibilities

MP criticises Tory Government for “abdicating its responsibilities”

NEARLY HALF A MILLION JOB LOSSES PLANNED SINCE MARCH The Tory government has been criticised for “abdicating its responsibilities” to workers and households at this critical time after new findings revealed that nearly half a million job losses have been planned by employers since the coronavirus crisis began. Figures showed that employers in August alone planned …

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business leaders

MP welcomes business leaders confidence in an independent Scotland

BUSINESS LEADERS CONFIDENT IN SCOTLAND’S FUTURE AS AN INDEPENDENT COUNTRY A new study has found that business leaders across the UK are confident that their companies would thrive in an independent Scotland. The Ipsos MORI survey, which interviewed 102 British business leaders between February and July discovered “little resistance” to the concept of an independent …

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excluded from support

Returned money can help those excluded from support

Excluded from support: Chancellor urged to reinvest £215 million returned furlough payments The SNP’s Shadow Business Secretary has urged the Chancellor to reinvest the £215 million the Treasury has received through furlough money repayments into support for small businesses and those who have been excluded from support. In an answer to a Written Parliamentary Question …

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mass redundancies

Tourism sector warns of mass redundancies

MASS REDUNDANCIES: CHANCELLOR’S PLANS FALL WELL SHORT OF WHAT IS NEEDED The SNP has called on the Treasury to urgently heed industry warnings and introduce further measures to protect jobs, the economy and people’s livelihoods – after the Scottish Tourism Alliance (STA) issued a stark warning of “mass redundancies” following the Chancellor’s statement. Marc Crothall, …

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protect scotlands economy

Independence is the only way to protect Scotland’s economy

INDEPENDENCE IS THE ONLY WAY TO PROTECT SCOTLAND’S ECONOMY Local SNP MP, Drew Hendry has said the Tories are “risking a winter of mass redundancies” by failing to deliver the investment and powers needed to save jobs and protect Scotland’s economy. Mr Hendry, who has led calls for an extension to the furlough scheme, said …

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