Enhancing the role of local government is key, as we have seen through the growth deals, in which decisions about where those major, multimillion-pound investments should go are driven by local government. The bank can align with that, as I said in my answer to Kenneth Gibson.
The Government certainly looks at different models when it is considering the SNIB, including German, Dutch and other examples. I know that Eilidh Mactaggart is interested in working with different local authorities on the place-based mission, and the Government’s advisory group on missions will draw from a wide range of civic responsibilities, including local government.
We are also working very closely with local authorities to identify what their needs are, and the place-based approach—which the Scottish Enterprise has been involved in, as we seen in the Clyde mission—is a good example of what we can do on alignment with local government needs.