Why Scotland is better off staying in the UK
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Vince Cable's speech outlines government’s long-term economic plan and how Scottish businesses are better off with UK industrial strategy.
During a recent trip to Glasgow to visit Rolls-Royce Aerospace and The Weir Group Business Secretary Vince Cable has set out the business case for Scotland’s continued membership of the UK in a speech to businesses.
Vince Cable said:
To continue job creation – to raise living standards – across the UK, we need balanced economic growth, to maintain business confidence and to encourage investment. I don’t believe Scottish independence can sustain these conditions as effectively and efficiently as the UK.
Scottish businesses are better off with a UK-wide approach to industrial policy; a UK-wide approach to public investment in science and infrastructure; with a single, flexible labour market operating under common rules with no barriers to movement.
Addressing skills shortages and boosting exports
From its Industrial Strategy the government has adopted a new, pro-business way to focus its involvement to address skills shortages and deliver better access to commercial finance, and boost technological competitiveness and exports.
Queen’s Speech 2014 and Scotland
A fairer labour market to help create more jobs
The government has also helped deliver high employment figures and a fairer labour market for Scotland, with the creation of a record number of new jobs and progressive employment legislation, including: