Scotland’s Deputy First Minister, Kate Forbes, has called on the UK Government to take “bold and decisive action” to address mounting economic challenges facing Scotland.
Speaking in response to recent fiscal policies, Forbes criticised employer national insurance hikes, describing them as a “tax on jobs” that places undue pressure on businesses already struggling with rising costs.
She also urged the government to reverse Brexit and rebuild closer trade ties with the European Union, arguing this would help drive economic growth and stability.
Forbes emphasised the urgent need to lower soaring electricity costs, which are impacting households and businesses alike.
She also highlighted the importance of advancing key industrial projects such as the Acorn carbon capture initiative, which she described as potentially transformational for Scotland’s energy transition and industrial development.
The Deputy First Minister expressed concerns over Scotland’s low levels of private investment, which have long hindered productivity and economic growth.
She called for a collaborative approach between Scottish and UK governments to attract investment and prioritise emerging industries like renewable energy while moving away from declining sectors such as oil and gas.
Forbes said: “It is time for a change in approach which delivers serious investment and support for business, workers and consumers.”
Forbes concluded by urging the UK Government to adopt forward-thinking policies that support businesses, workers, and consumers.
She stressed that bold action is essential to ensure Scotland’s economic resilience in the face of global challenges and to unlock its full potential for growth and innovation.
