Torcuil Crichton

Torcuil Crichton

Labour — Na h-Eileanan an Iar

Speaking in the House of Commons on 11 December 2025

Debate

St Andrew’s Day and Scottish Affairs

Contribution

And the ’90s, and maybe until today. The SNP Government had the opportunity to put one in place when they auctioned the ScotWind licenses for offshore wind for £700 million—they would have done it for £70 million, but were given guidance on that. They had the opportunity to either invest that £700 million in a sovereign wealth fund, or to give it back to the coastal communities from which those revenues flow, but they did none of that. They have used half of that £700 million in day-to-day expenditure, have they not?

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