Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

United Kingdom Budget

Part of the debate – in the Scottish Parliament at 4:45 pm on 25th March 2010.

Alert me about debates like this

Photo of John Swinney John Swinney Scottish National Party 4:45 pm, 25th March 2010

It is clear that the banking sector is very important to the Scottish economy, and it has been stabilised as a consequence of the support that has been put in place. I noticed yesterday that the chancellor was making a virtue of the fact that he expected that support to have no cost to the public purse, as a consequence of the fact that he intended to exit the arrangements and deliver a return to the taxpayer. The focus—the Economy, Energy and Tourism Committee has focused on this in its inquiry in the Scottish Parliament, which is welcome—should be on how we can strengthen the financial services sector in the years to come and ensure that it makes a strong contribution to economic recovery in Scotland.