SNP welcome job creators 'game-changing' support

The SNP has today welcomed Jim McColl’s ‘game-changing’ announcement that he is to back a Yes vote in Scotland’s referendum on independence.

Mr McColl – one of Scotland’s most successful entrepreneurs – has today said that: “Only independence as defined by the Scottish Government, an independent nation within this social union and common market of the UK, will allow England and Scotland to pursue distinct economic policies in the face of different demands and competitive pressures.”

Mr McColl’s remarks stand in stark contrast to the latest scaremongering from Tory Chancellor George Osborne yesterday when he was unable to name one Chief Executive who has said they will not invest in Scotland due to the prospect of independence while on being questioned by Bernard Ponsonby on STV’s Scotland Tonight show.

The highly successful entrepreneur has said that Osborne’s policies were damaging Scotland, and that the Scottish Government’s drive to pull the country out of recession is being held back by UK Government’s flawed policies.

Linda Fabiani, MSP for East Kilbride where Mr McColl’s Clyde Blowers Capital firm are headquartered, said that Mr McColl’s expert outlook stood in stark contrast to Mr Osborne’s comments in Scotland yesterday.

She said:

“This is a game-changing development in the independence debate from Jim McColl, who is one of Scotland’s greatest self-made success stories.

“Mr McColl understands independence is the best course of action to move Scotland forward economically – a very different outlook from the flawed and failed politics of austerity Chancellor Osborne wants to continue imposing on the people of Scotland.

"With members of the Institute of Directors saying not one single policy by George Osborne was working, the Chancellor should be sitting up and taking notice of Mr McColl’s expert opinion, he clearly has a better grasp of Scotland’s economic needs.

“If Mr Osborne wants to retain a shred of credibility then he must ditch his relentless negativity and unsupported scaremongering and deliver money for the shovel-ready projects immediately.

“People in Scotland will not take long in making up their minds on they think has more economic credibility when it comes to one of Scotland’s leading job creators compared to one of Scotland’s leading job destroyers?”



1. Today’s Scotsman:

 Business billionaire Jim McColl backs independence

 Jim McColl: Why Scotland requires the levers of full economic control

 2. George Osborne’s inability to name one Chief Executive who has said they will not invest in Scotland due to the prospect of independence can be viewed here, from 1 min 16 seconds: