Oral Answers to Questions Debate

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Department: Scotland Office

Oral Answers to Questions

William Bain Excerpts
Wednesday 21st November 2012

(11 years, 5 months ago)

Commons Chamber
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Michael Moore Portrait Michael Moore
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I know that the hon. Gentleman always wants to denigrate the Parliament of which he is a part, and I wish he would stop doing that, but I point out to him that a rather important part of that agreement is that we will pass the section 30 order, which will transfer the powers to the Scottish Parliament. Importantly, that will involve debates in this place and in the other place, as well as in the Scottish Parliament. We are all part of this debate, and all Scots will be part of that political process.

William Bain Portrait Mr William Bain (Glasgow North East) (Lab)
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When the Secretary of State next meets the First Minister will he share with him the powerful call of President Clinton and Secretary Albright when they visited these shores reminding us that what binds us together is far more powerful than any distinctions in identity?

On economic co-operation, was the Institute for Fiscal Studies not right to point out that if we want to diversify the Scottish economy away from our dependence on oil and gas revenues, we need not only a shared currency and interest rate, but a powerful and strong fiscal union which benefits Scotland? That is the likely result in terms of our shared prosperity in the future.

Michael Moore Portrait Michael Moore
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The hon. Gentleman makes two important points. One is that when senior international figures look at the issue confronting Scots—the most important political decision in 300 years—time and again they say that they think Scotland would be better off as part of the United Kingdom. Secondly, the report he highlights is significant as it shows the strength of Scotland’s economy as part of the UK, both in terms of its opportunity and in reducing the risks attached to it. [Interruption.]