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Another example is the Clydeside regeneration work that the Glasgow city deal partners have taken forward, which has helped to attract Barclays bank to develop its new office space on the south side of the river—the development was pretty advanced the last time I passed it.
The SCVO and Social Enterprise Scotland joint written submission on the role of enterprise agencies and the Scottish National Investment Bank emphasised that those agencies should incorporate dedicated support for voluntary organisations and social enterprises.
After the last economic crisis, we had 10 years of austerity, and the state’s funds went towards banks and institutions to try to help rebuild the economy, with the consequence that the crisis hit the poorest people the hardest over 10 years.
Last week, the First Minister’s lame excuses were that the computer system was not up to scratch and that too many people were on holiday to report for treatment. Yesterday, the Auditor General told the Parliament that that was nonsense.
It is an incredibly difficult judgment. The Bank of England is in a reasonably similar place, and there is a wide range of views among the macro forecasting community—of which, happily, I am not a part.
Restoration Forth, which was launched in 2022, is a community-driven effort to restore seagrass meadows and European flat oysters in the Firth of Forth.