Scottish National Investment Bank

Part of the debate – in the Scottish Parliament on 2nd December 2020.

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Photo of Fiona Hyslop Fiona Hyslop Scottish National Party

That is an important question because of the pressures that all of us will come under as we consider the immediate crisis response while, at the same time, trying to identify recovery plans and set our course on them.

We know—this is in our response to the advisory group on economic recovery—that digital and net zero are important pathways to recovery, and the bank needs to stay focused on that.

As I said, the bank will not be the source of short-term working capital for companies that are in distress; those will be supported in other ways.