Scottish Government's industrial strategy

That this House recognises the UK's low growth, poor productivity and high debt economy which has been a feature of the UK's economic demise over many decades; now welcomes the recent statement by Scotland's First Minister to establish an industrial strategy to help reverse the most negative impacts of UK economic policy on the people of Scotland, while rejecting the mantra of the Governor of the Bank of England which warned the people across the UK to prepare to be poorer; supports the First Minister of Scotland's statement on the Scottish economy which would focus on (a) joining the EU to have unfettered access to the world's largest single market, (b) creating a dynamic government ministry to drive industrial policy and build consensus across sectors and institutions and (c) committing to large scale public investment in key areas of comparative advantage; and further recognises that Scotland, as an independent country, would have all the ingredients, skills and valuable resources to be a successful, high growth, high wage, modern economy and a member of the EU where the national mantra would be prepare to be prosperous.