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John Swinney makes his economic case for independence

Finance Secretary John Swinney outlined his view on how independence could boost Scottish prosperity in a speech at Glasgow School for Business today

 

“The culture of business we can build in an independent Scotland with a ‘can do’ attitude, means taking decisions in Scotland, in the interests of Scotland.

 

“Scotland is a country rich in opportunity and bursting with innovation but sadly we don’t translate this often enough into greater commercial opportunities. Independence will provide us with new tools – tax credits for example – which we could use to create a step change in R & D in Scotland.
“In addition to the tax regime, an independent Scotland would have much greater scope to shape the regulatory environment so that it not only promoted greater competition, but also encouraged greater consumer choice and technical innovation.

“In an increasingly global market, Scotland’s links with the international community are also key to building success. However Scotland is often one step removed from that international market and I know that business is frustrated at being forced to be directed through London to connect with Europe and beyond.

“That is why control of Air Passenger Duty would be beneficial to enable us to grow air links between Scotland and major international business hubs.

“The culture of business we can build in an independent Scotland with a ‘can do’ attitude, means taking decisions in Scotland, in the interests of Scotland., This will create a better business culture in specific to the needs of Scotland and can this in turn can build prosperity for all.

“Our plans for the referendum will give the people of Scotland the opportunity to make a clear and informed decision on our constitutional future. Independence will enable us to utilise all the economic levers to provide the stable and supportive environment Scottish businesses demand.

“It is for the people of Scotland to decide if they want to take that course.”

 

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