John Swinney was left red-faced after his attempts to woo the business community at the UK Government's International Investment Summit ended up with him going home empty-handed. “It is this kind of growth, backed by the investment certainty that our green industrial strategy provides, which will help power progress on the Scottish Government’s priorities." But it has been revealed that none of the £63bn of investment announced at the summit would be solely focused on Scotland. Mr Swinney did manage to spend £14.5m of the Scottish Government's cash while in London, forking out the sum to help fund educational programmes in Africa. That foreign direct investment record is not to be sniffed at, but it is built largely on a collection of relatively small scale deals.

Source: Express October 17, 2024 03:08 UTC