Supporting Scottish Industry During Turbulent Economic Times

As an amendment to motion S6M-17352 in the name of Kate Forbes (Supporting Scottish Industry During Turbulent Economic Times), insert at end "; notes that over many years, several industrial interventions have been made by the Scottish Government necessitating significant public funding, as seen at Prestwick Airport, Ferguson Marine, the steelworks at Dalzell, the Bifab fabrication yards and the Alvance smelter at Lochaber, which have resulted in hundreds of millions of pounds of written-off loans and cash injections, unclear futures for many of these businesses and a perennial struggle to return the businesses into private commercial ownership; regrets that there appears not to exist any long-term wider industrial strategy in Scotland, and believes that, where and when the Scottish Government intervenes in business in future, it should adopt a proactive, not reactive, approach to industrial interventions that ensures value for public money and robust exit strategies are prime considerations."