FABIANI DEMANDS “END AUSTERITY, BUILD BUSINESS”

Linda Fabiani MSP for East Kilbride has criticised the anti-independence parties for their adherence to Westminster austerity programmes when they should be building prosperous businesses in Scotland.

Linda said:

“The recession has hit East Kilbride hard.  The number of new businesses has fallen more than in South Lanarkshire Council as a whole.

“If East Kilbride is not to lose its status as a key business hub, we need a co-ordinated approach by South Lanarkshire Council and the local business sector.

“The Scottish Government has already expressed many times its commitment to supporting East Kilbride’s economy, and  have sent representatives to sit on South Lanarkshire Council Taskforce for East Kilbride to ensure that everything possible is done to encourage future business to settle in the town.

“Westminster’s austerity obsession is crippling economic growth – five years of decline in business start-ups due to their policies making it more difficult for Scotland and South Lanarkshire to recover from the crash of 2008.

“The Scottish Government, with its limited fiscal powers under devolution, will continue to maximise efforts to support business. A new £20 million Business Innovation & Growth programme to help drive forward economic recovery has been launched by the Scottish Government and East Kilbride businesses are eligible to apply.

“Already in East Kilbride; Instrument Transformers, Merson Signs, Novograf, Clyde Fasteners, Prestige Fabrications, The Boxshop, Enstratus Networks, and Radimetrics have been able to develop and grow, creating jobs thanks to Regional Selective Assistance funding from Scottish Enterprise.

“Westminster isn’t working for Scotland. An independent Scotland, with full fiscal powers and the ability to take our own decisions on taxation, will be able to do even more to support companies, strengthen our economy and create jobs.”

 

Notes to Editors

Picture is of Linda on a visit to the Merson Group to welcome their new recruits.

Applications for Business Innovation & Growth programme funding are open to public- and third-sector sector bodies until July 9th, with projects likely to commence in the autumn. See further information, including application requirements, at http://www.scotland.gov.uk/Topics/Business-Industry/support/17404

The National Economic Forum provides an opportunity for new initiatives and partnerships to flourish as a form of broad-based social and economic partnership for Scotland. The Forum allows the Government to draw from the widest pool of opinion – and to allow good ideas to flow to those directly advising the First Minister and the Government. The Forum is as an important aspect of working towards the Scottish Government’s strategy to achieve transformational change and higher sustainable economic growth throughout Scotland.

See further information here: http://www.scotland.gov.uk/Topics/Economy/national-economic-forum

Last week’s ONS figures showed Scotland’s employment rate now higher, and its unemployment rate now lower, than in any of the other three nations of the UK. The Scottish youth unemployment rate fell by 6.1 percentage points over the last year to reach of 15.2 per cent (compared to the UK rate of 19.5 per cent), while Scotland’s youth employment rate rose four percentage points over the year to 57.1 per cent – significantly higher than the UK rate of 49.7 per cent.

Scottish Enterprise report on Regional Selective Assistance (http://www.scottish-enterprise.com/~/media/SE/Resources/Documents/PQR/RSA%20Reports/2012-2013-Annual-Summary.pdf)

Full details of each award (amount offered and number of jobs created/safeguarded) are included in the quarterly reports:

http://www.scottish-enterprise.com/fund-your-business/rsa/rsa-reports.aspx

 

 

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