Sturgeon confirmed as Salmond successor

Scotland’s Deputy First Minister Nicola Sturgeon has been confirmed as the only nominee for the leadership of the Scottish National Party.

The announcement means that Sturgeon will succeed current First Minister Alex Salmond, who announced his intention to resign in the wake of last month’s defeat in the Scottish independence referendum.

Salmond and the SNP had led the ‘Yes’ campaign for an independent Scotland, but the close-run battle was eventually won by the ‘No’ campaign.

Sturgeon’s appointment should be good news for infrastructure in Scotland and the Scottish Futures Trust (SFT) in particular, as her brief as deputy first minister has included infrastructure development and she is known to have taken a strong interest in the SFT’s programme.

Last week, the Scottish government unveiled further investment in infrastructure, setting out the sectors in which an additional £1bn of non-profit distributing (NPD) projects would be spent.

For an in-depth look at the Scottish market, read the write-up of our
Financing Scottish Infrastructure conference in the upcoming November issue of the magazine