§ Mr. SarwarTo ask the Secretary of State for Scotland if he will make a statement on the Government's economic policies for Scotland. [22748]
§ Mr. WilsonThe Government's central economic objective is to achieve high and stable levels of economic growth and employment so that higher living standards and greater job opportunities can be shared by all. The conduct of UK macroeconomic policy is based on creating economic stability, with low inflation and low public borrowing, and improving the environment for long-term investment in technology and in education and training.
The specific requirements of the Scottish economy are being addressed by The Scottish Office in conjunction with Scottish Enterprise, Highlands and Islands Enterprise, the Local Enterprise Companies and the other economic development agencies. By raising skill levels and increasing investment, we will work towards the goal of improving living standards across the country.