UK concordats 'will strangle' investment

The Scotsman | October 8, 1999| | Copyright

THE Scottish coalition government was accused yesterday of agreeing to new UK rules which could "strangle" the work of a highly- commended inward investment agency.

Scottish National Party and Tory MSPs warned that Scotland could lose out because of the restrictions imposed by concordats - the power-sharing agreements between Holyrood and Westminster.

They claimed the documents could undermine Scotland's efforts to win new industries against competition from other parts of the UK.

According to the details of the concordats, announced last week by the executive, a joint committee of ministers ...

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