§ 8. Mr. Norman HoggTo ask the Secretary of State for Scotland when he will next meet representatives of the Scottish CBI to discuss industrial policy and investment in west central Scotland.
§ Mr. LangMy colleagues and I have continuing contacts with the Scottish CBI on matters affecting the economy, including that of west central Scotland. We hope to arrange a further meeting shortly.
§ Mr. HoggHas the Secretary of State seen the Scottish chambers business survey for the last quarter of 1991, which concluded that confidence had fallen back in all principal sectors, that demand remained stagnant and was contracting in all major sectors, that manufacturers' stocks were running out, that investment was contracting, and that the worst hit areas were central Scotland and Edinburgh? How does the Secretary of State intend to talk that up into a success story?
§ Mr. LangBy selecting parts of the survey to suit his case, the hon. Gentleman seeks to talk down the economy of Scotland. Perhaps he should also consider what the CBI wants for the economy: it wants lower taxes which would encourage investment, but under Labour it would get not lower but higher taxes throughout the United Kingdom and there would be special higher taxes in Scotland under a Scottish assembly which would impose 3p on income tax.
§ Mr. FavellHas my right hon. Friend discussed with the Scottish CBI all the talk about an independent Scotland? I am appalled that Opposition Members should contemplate it after all that the United Kingdom has gone through in the past 300 years. We founded the British Commonwealth together. This nation is one of the most admired in the world. Opposition Members say that they 940 cannot make their voices heard here. What chance then would they have among the Italians, the Germans and the French? United we stand, divided we fall—[Interruption.]
§ Mr. SpeakerOrder. The hon. Gentleman must ask questions of the Secretary of State.
§ Mr. LangMy hon. Friend was absolutely right to identify the dangers to the Scottish economy either from separation or from the Labour party's policy to set up tax-raising assemblies. The outgoing president of Glasgow chamber of commerce said earlier this week:
The concern of our members is that devolution would be bad for Scottish industry.In the CBI's most recent survey on the matter, more than 90 per cent. identified the same danger to the Scottish economy.