Scottish Leaders Call for UK Budget Investments
Scottish Leaders Call for UK Budget Investments

Scottish Leaders Call for UK Budget Investments

News summary

The Scottish Chambers of Commerce (SCC) and the Scottish Government have jointly urged for strategic investments in the upcoming UK Budget to bolster Scotland's economy and public services. First Minister John Swinney highlighted the importance of collaboration between government and business, advocating for projects like the Acorn carbon capture initiative to create new job opportunities in the oil and gas sector. Dr. Liz Cameron, SCC Chief Executive, emphasized the need for investment in skills, technology, and infrastructure to ensure economic growth and competitiveness. They expressed concerns over the fiscal pressures from increased employer NICs, which could hinder business growth and employment. Additionally, North Lincolnshire's council leader called for investment in British Steel to protect local jobs amidst ongoing transitions to greener steel production. The overarching message from both Scotland and North Lincolnshire is a demand for government commitment to sustainable economic strategies and job protection.

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