Meeting of the Parliament 27 February 2025
Investment will come when there is an attractive regulatory and tax environment. As we saw in the budget that was passed by Parliament on Tuesday, creating such an environment is not an ambition that the Scottish Government seems to share.
There is much more that we need to do in terms of public spend and attracting private investment to deliver the economic growth that we need. Those are the points that are made in my amendment, which I am pleased to move.
I move amendment S6M-16595.2, to leave out from “on the” to end and insert:
“economic growth; believes that public sector investment in infrastructure is essential in facilitating growth and therefore notes with alarm the delays to, and uncertainty around, the project to dual the A9 from Perth to Inverness and the Scottish Government’s temporising on dualling the A96; recognises that private investment is necessary to maintain a supply of core goods and services, and therefore condemns the severe damage done to the build-to-rent housing sector by rent cap schemes; acknowledges that success in attracting foreign direct investment is measured as much in project value as in project count; urges the Scottish Government to reverse its opposition to nuclear energy, which limits both investment in energy projects as well as the long-term supply of reliable energy near where it is in demand; emphasises that investment is intrinsically linked to the availability of skilled labour, and notes, therefore, with concern that the Scottish Government’s highest-in-the-UK income tax rates are limiting industry access to skilled workers, thereby undermining investment and economic growth.”
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