Stewart Hosie
Main Page: Stewart Hosie (Scottish National Party - Dundee East)Department Debates - View all Stewart Hosie's debates with the Scotland Office
(12 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
David Mundell
I can advise my hon. Friend that by 2020, there will be 8,000 jobs based at Faslane, following the recent announcement by the Secretary of State for Defence of an additional 1,500 jobs. There is absolutely no certainty about what would happen to anybody employed in the Ministry of Defence or the defence industries in Scotland under an independent Scotland.
Stewart Hosie (Dundee East) (SNP)
The list of recent investment and job announcements in Scotland has been quite remarkable, particularly in the renewables sector. The Minister will know there were £2.3 billion-worth of completed projects to July this year, and that there is a future pipeline of £9.4 billion with many thousands of jobs attached. Each of those investment decisions has been taken in the sure and certain knowledge that the referendum is coming and independence is likely. Why does the Minister think that these investment decisions continue to be made, and why is nobody listening to his scare stories?
David Mundell
I do not agree with the hon. Gentleman’s analysis. These investments are taking place despite the uncertainty, not because of it. I tend to agree with the chief executive of Aggreko, who said yesterday in giving evidence to a parliamentary Committee that the supposed benefits of independence were “small and tenuous” and unlikely to arise, while the dangers were “large and serious”.
Stewart Hosie
The Minister mentions uncertainty, but the only uncertainty we have seen is the massive increase made in the North sea supplementary charge with no discussion with the sector, and the uncertainty for employees now that this Government are making it easier to sack people. Is it not the case, as Douglas Sawers of Ceridian said when he made a significant investment earlier this year, that in the event of independence, the Scottish Government’s approach will be to make Scotland more, not less, competitive? Is that not the truth? Instead of scare stories, we are going to move to independence with a Government who will make Scotland more, not less, competitive?
David Mundell
When the people of Scotland make a decision on independence in the referendum, they must be sure that that decision is a long-term one. Independence is not for Christmas 2014. If the hon. Gentleman looked at the Institute for Fiscal Studies report, he would see that it says that an independent Scotland would face much harder decisions than the rest of the UK in the longer term.