Yes to an economic recovery that benefits all
The Bank of Scotland’s quarterly Business Monitor report has shown Scottish firms recording the biggest increase in turnover since before the 2007/08 recession. In the three months to August, 45% of firms surveyed increased turnover, while 22% experienced a decrease with the remainder showing no change.
Taken together with other indicators including increased employment, GDP figures and the bank’s Purchasing Managers Index, which recently showed a sharp rise in business activity, there is cautious optimism that the remainder of the year could see a gradual strengthening of the recovery in Scotland.
This comes despite George Osborne “playing with fire” through his austerity economics, a set of policies widely opposed in Scotland and by Scotland’s MPs.
In welcoming the new figures Scottish Labour's finance spokesman Iain Gray is reported as saying:
“increases in turnover, recruitment and growth are all good signs. But we have a duty to look beyond the headline figures to ensure everyone benefits from this recovery. A recovery built on zero-hour contracts and temporary jobs will not bring about the long-term, sustainable growth that allows us to create the kind of Scotland we aspire to. Too many Scots are still missing out on the opportunities they deserve."
We agree. And with a Yes vote, we will have the full powers we need to ensure that Scotland’s undoubted wealth and resources are put to work for the benefit of all of Scotland’s people.
The rest of the UK economy will continue to thrive after Scotland votes for independence, a survey of City of London executives has found.
UK Government figures published today by UK Trade and Investment confirm that Scotland continues to prove a very attractive destination for foreign direct investment (FDI). The Inward Investment Report 2012/13 welcomes "a record number of projects and jobs secured for Scotland".
The good news follows upon the recent Ernst and Young Attractiveness Survey which also reflected a remarkable FDI performance in 2012.
The potential to generate a healthy independent economy is not just a romantic ideal, writes Alasdair Reid in today's Scotsman
Yes Scotland today welcomed leading businessman Jim McColl's strong re-emphasis of his support for independence and his belief that a Yes vote is an opportunity to build a fairer and more prosperous country.
In an interview with The Scotsman, the chief executive of Clyde Blowers Capital said home rule would allow a Holyrood government to tailor policies that matched Scotland's needs and priorities as well as encouraging and supporting business.