Years of low levels of investment have held Scotland back, Kate Forbes says

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The Deputy First Minister and Economy Secretary said private investment is ‘essential’ to growing the economy.

Years of low levels of investment have held Scotland and the rest of the UK back, Kate Forbes has said.

She told the conference she wanted to tackle the “challenge of low investment” and pointed to the £500 million offshore wind investment programme.The Economy Secretary said the Scottish National Investment Bank had already invested £650 million since its creation four years ago, alongside £1.4 billion from private investors.

The Deputy First Minister said economic success would mean working with the UK Government, which she said showed “early signs” of “its willingness to collaborate” with the SNP. She went on: “We know what the challenge is. We need to do more, better, smarter, quicker. But we have a plan.

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