SNP welcome business commitment to Scotland

Finance Secretary John Swinney welcomed comments from two of Scotland’s inward investors.

The Sunday Times reports Doug Sawers of Human Resources firm Ceridian and representatives of BNY Mellon, who recently announced plans to increase staff in Edinburgh, brushing off opposition claims over Scotland’s economic prospects under independence.

Speaking to the Sunday Times Mr Sawers said “in the event that the country chooses independence we have faith in the Scottish Government’s approach to making Scotland more, not less, competitive.  If it happens, the Scottish people will have made a balanced decision and I believe that business will be supported because they are key to Scotland’s success.”

BNY Mellon said it “deals in multiple currencies, multiple jurisdictions and changes within these all the time.”

Welcoming the comments from SNP Spring Conference in Glasgow Mr Swinney said:

"These are very welcome and important contributions from successful global businesses in Scotland. Major companies such as Taqa, Avaloq, Samsung and many others are expressing their confidence in Scotland's future by investing and creating employment here.

"With the economic powers of independence, we can make the Scottish economy more competitive with lower corporation tax, and boost growth and jobs in Scotland."