Stewart Hosie
Main Page: Stewart Hosie (Scottish National Party - Dundee East)Department Debates - View all Stewart Hosie's debates with the Cabinet Office
(11 years, 3 months ago)
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Michael Moore
I agree with the hon. Gentleman. The best arrangement for Scotland is to stay part of the United Kingdom, where we get all the benefits of the currency but also the hugely integrated single market, which is enormously to our benefit, and a platform in the world that is great for all our businesses and those they employ.
Stewart Hosie (Dundee East) (SNP)
The Scottish Secretary prayed in aid one of the Treasury’s analysis documents on Scotland in relation to currency. However, given that his own Chancellor is unable to get his economic growth forecasts correct six months to a year out, how can he possibly expect us to believe an analysis that is supposed to forecast the Scottish growth rate for the next 30 years? It is not serious, is it? It is just more “Project Fear” scaremongering designed to talk Scotland down.
Michael Moore
I have to admire the front that the hon. Gentleman puts up. He simply does not answer any of the big issues on this. To take an example of forecasting, in our documents we take very sensible, reasonable proposals and look at how they would apply over many years to come—unlike when the Scottish National party forecasts oil revenues, when it takes all the best-case scenarios and then makes up numbers indicating that about £1.5 trillion of resources are available to Scotland. It is more like a tenth of that, but we never hear that from him.