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There have been some big, really welcome announcements on jobs—2,500 jobs at Barclays Bank in Glasgow and 400 jobs at KPMG—and there are other financial institutions looking right now at how they invest in Scotland.
In a similar way to the national investment bank, which I will lead on, there will be an expectation that the Government’s policy and drive will be taken into account.
There are transfers of data that are critical for us to be able to continue to make payments: transfers of data about who we pay, to which bank account we make the payment, and what the recipient’s national insurance number is.
We have committed to providing £1 million over the next five years, and that has been matched by funding from the World Bank and the Wellcome Trust Liverpool.
As I have outlined in the transitional arrangements, any cases that are currently going through the system should fall at the date of royal assent. Have you had any contact with the Lord Advocate about that?
There is also an explanation of traditional banking practices. That is why, way back in the mid-1990s, we went to argue the case for having Scottish euro bank-notes in the same way that we have Scottish sterling bank-notes.