An open letter to the people of Scotland from 150 business owners and job creators.
Extensive new powers – as close to federalism as possible – were promised to the people of Scotland by the No campaign during the referendum and, if implemented, would provide the Scottish Government with the powers required to generate strong and sustainable economic growth, create jobs and increase shared prosperity. We support a progression towards full fiscal responsibility, transferring meaningful economic powers to Scotland, and then a staged implementation of full fiscal responsibility (home rule).
The political debate in this General Election should be focused on how we boost Scottish growth with a full package of distinctive economic policies that match the needs of Scotland’s economy. By doing so we can we attract added investment, create jobs and grow our economy faster than is possible under Westminster control. As a result, we will generate increased revenues to reduce the deficit through growth, whilst tackling inequality.
We also believe full fiscal responsibility north of the border should come with increased devolution for the other nations and regions of these islands. In the interests of all UK citizens, the process of moving away from centralised London control should start on May 7th.