§ 6. Mr. HobanTo ask the Secretary of State for Scotland if she will make a statement on business growth and inward investment in Scotland. [57384]
§ Mrs. LiddellBusiness support is devolved and policy responsibility rests with the Scottish Executive with delivery through the enterprise networks in Scotland. Scottish Development International will be publishing its latest annual inward investment results later this year. 1185W This Government have put in place macroeconomic policies which are delivering economic stability, low inflation and low interest rates—providing a platform for business growth and confidence.
§ Mr. MacDougallTo ask the Secretary of State for Scotland when she last met the Minister for Enterprise, Transport and Lifelong Learning; and if she will make a statement on prospects for economic prosperity with reference to inward investment. [57389]
§ Mrs. LiddellI meet with Ministers of the Scottish Executive on a regular basis.
The UK economy coped well with the challenges posed by the world economic slowdown in 2001 and grew by 2.25 per cent. in 2001—the fastest of any G7 economy. The UK fundamentals remain strong—with the UK on course for sustained growth with low inflation. Scottish Development International., which is responsible to the Scottish Executive, will be publishing its latest annual inward investment results later this year.