NICOLA STURGEON announced a “potentially transformational” plan today to increase capital investment by £1.5 billion, but her critics questioned whether the SNP government is as radical as it claims to be.

As Holyrood resumed after the summer recess, the First Minister said her government would introduce “legislation that will formally underpin a Scottish investment bank.”

She said this would be “a cornerstone of the high-innovation low-carbon economy we want to create in Scotland.”