Scottish Economy Debate

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Department: HM Treasury
Wednesday 27th June 2018

(6 years, 5 months ago)

Westminster Hall
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Danielle Rowley Portrait Danielle Rowley
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I thank the hon. Gentleman for his intervention. He will know that I would agree with that.

To focus on the construction industry, the collapse of Crummock is just one of many that we have seen recently, with many job losses, in Scotland. The closure of large employers such as Crummock will have a significant impact on local economies. A number of suppliers and service providers have spoken to me about their worries. A small electrical company and those providing cleaning services have expressed to me concerns about the future of their businesses following Crummock’s closure. Such closures reflect the failure of an economic strategy that is over-reliant on free-market forces, as well as an absence of joined-up Government policy and action, especially in public procurement.

Ross Thomson Portrait Ross Thomson (Aberdeen South) (Con)
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You mentioned the lack of free-market forces. Do you agree with your shadow Chancellor when he says that he wants to overthrow capitalism and bring down Britain’s system of free enterprise? That would mean fewer jobs, less money for public services and untold damage to the Scottish economy. Do you agree with his position?

Anne Main Portrait Mrs Anne Main (in the Chair)
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Order. Please speak through the Chair. I do not agree with any of that. Ask the hon. Lady if she agrees with that.