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I have a quick supplementary question, which is probably for Colin Poolman, so I place on record that I am currently registered with the Nursing and Midwifery Council and have a bank nursing contract with NHS Greater Glasgow and Clyde.
The Scottish Government has not yet announced a specific date on which responses to The Scottish Independence Bill: A Consultation on an Interim Constitution for Scotland will be published.
There is probably work to be done to ensure that that gap is narrowed and that the Scottish welfare fund is able to deal with such crisis situations, rather than people having to go to food banks. One of the submissions that we received discussed gender inequality and child poverty.
I cannot comment on the detail of either the common good funds or pension funds, but I know that, in the past, there have been discussions with local authority funds of that type about the opportunity to invest in, for example, the Scottish Investment Bank, which would provide an investment with a guaranteed return.
Given that we are five years from what was the consensus, which I think was shared by Scottish Power, it perhaps does not surprise me that there were not detailed contingency plans in place for a closure in 2020, 2022 or 2023, which were probably the initial dates that we had in our heads.
To be sure of having a bill that is ready to go through Parliament, a member will have to come to us at least 12 months before whatever date you set as the cut-off date. I appreciate that you might not wish to comment on some issues.
The Scottish Government, along with industry, is developing its rail electrification strategy to determine future phases of electrification. As yet, there is no publication date. S4W-20963
Questions and Answers
Date answered:
18 November 2010
Norway, for example, managed its own banking crisis in the early 1990s, in the end emerging with a more resilient financial sector via a process under which the government actually made money on its investment in the banks.