Image source, Scottish Parliament

That's all from Holyrood Live's coverage of the Scottish Parlimanet on 31 May 2016

Join us tomorrow when we go live from 2pm, with parliamentary proceedings kicking off at 2.30pm with Nicola Sturgeon calling on MSPs to back her nominations for Scotland's top law officers.

That will be followed by a debate on the government's plans for the environment, tackling climate change and land reform.

Catch up with all the Scottish political stories here.

Presiding Officer Ken Macintosh adjourns the parliament.

Economy Secretary Keith Brown's motion for this economy debate is amended by Willie Rennie's amendment and then agreed to, with 93 MSPs backing it and 25 against.

Scottish Conservative MSP Murdo Fraser's amendment is not agreed with 31 MSPs backing it and 88 against.

Scottish Labour MSP Jackie Baillie also sees her amendment defeated with 50 MSPs backing it but 69 against.

The amendment from Scottish Lib Dem leader Willie Rennie is agreed to, with 94 MSPs backing it and 25 against.

Rural Economy and Connectivity Secretary Fergus Ewing welcomes many "positive contributions" from the new Conservative MSPs, unlike the old hands like "Private Fraser", aka Murdo.

Mr Ewing says the government knows there are huge challenges facing the economy, but it is built on very strong foundations.

He says Scotland has just seen a record year for inward investment and he refutes "Private Fraser's" assertion that the economy suffered in 2014, saying it was the fourth best year since records began.

Conservative MSP Murdo Fraser intervenes asking for the value of inward investment in 2014, to which Mr Ewing says "let me give you a better figure."

Conservative MSP Dean Lockhart says the parliament recognises the importance of a strong economy.

Mr Lockhart says there is an under performance in the Scottish economy, with unemployment higher in Scotland than the rest of the UK and the economy is becoming perilously close to going into recession.

The Tory MSP says his party would reduce business rates in Scotland and prevent a higher tax rate emerging here than in the rest of the UK.

Mr Lockhart calls on the government for clarity in the way it will use the new tax and spend powers.

Labour MSP Richard Leonard says much of the inward investment highlighted by the economy secretary have been call centres not headquarters and this must be looked at.

Mr Leonard says an increasing proportion of our economic base is owned overseas and this is a concern.

He calls for a rearguard action to be mounted to protect Tannoy jobs.

On 6 May the owners of the audio manufacturing factory in North Lanarkshire have confirmed that the plant is facing closure, with the loss of 70 jobs.

Scottish Lib Dem leader Willie Rennie says there has been "massive cuts to the renewable energy sector" from the Conservatives at Westminster.

"We should be investing in renewables not cutting investment in renewables.", he says.

Mr Rennie says he is glad he questioned the government about the Chinese Rail Group.

He reiterates the questions about corruption around the Chinese Rail Group raised by Amnesty International.

The Scottish Lib Dem leader says he has "significant concerns".

SNP MSP Ivan McKee says mistakes from the past must be learned from.

Mr McKee says he was made redundant from Motorolla when some poor decisions were made during the growth of silicon valley. 

He says a country the size of Scotland does not need to compete in every market and must choose niche areas. 

The SNP MSP says Scotland must learn from the best in the world and then "do it ourselves, only better". 

Mr McKee says Scotland has the potential to be a world-beater in so many areas and we should not set our sights low. 

Green MSP John Finnie says Scotland must secure a strong and diverse economy, with a managed transition away from reliance on oil and gas.

Mr Finnie says his party wants boldness in taking hold of the "massive economic opportunity".

Image source, bbc

He calls for investment in sustainable industries that increase the quality of life and reduces carbon emissions.

No mention of his daughter's speech, so it looks like he is following his orders from Ms Maguire to avoid 'embarrassing dad stuff'.

Scottish Conservative MSP Rachel Hamilton says the focus needs to be on attracting more business to Scotland.

Ms Hamilton was giving her first speech in Holyrood since becoming an MSP.

Ms Hamilton says the farming and tourism sectors contribute greatly to Scotland's economy. 

The Tory MSP says much more must be done to redistribute wealth into the rural economy. 

She says an uplift in skills cannot be achieved if the Scottish government continue to cut college places. 

SNP MSP Tom Arthur says many of the contributions so far have been concerned with Scotland's economic progress, but it is true that many economies have not made progress in the past seven and a half years.

Mr Arthur says the challenge now is to take the economy even further forward.

The member for Renfrewshire South says advances in technology will help to achieve this and welcomes the superfast broadband commitment from the Scottish government. 

New SNP MSP Ruth Maguire also uses her maiden speech to claim her constituency is the greatest of all  and that is Cunninghame South.

Ms Maguire welcomes the pledge to grow at least 50,000 affordable homes over the next term.

She says the Scottish government have a strong record on the economy but this must be built upon. 

Ms Maguire is of course half of the parliament's only remaining father and daughter team and we may well here from her dad, Green MSP John Finnie later in the debate.

She has already insisted she wants 'no embarrassing dad stuff'.

Watch this space!

Conservative MSP Jamie Greene uses his first speech to echo John Major's maiden speech in the House of Commons in 1979, one year before Mr Greene was born, calling for:

• cut taxes
• curb inflation
• create new jobs
• maintain, where possible, satisfactory public services

It was true then and it is true now, he says.

Image source, PA / BBC

The economy and finance briefs had both previously been the responsibility of John Swinney - but the posts were split when Mr Swinney was appointed as the new education secretary, with Mr Brown becoming economy secretary and Derek Mackay the finance secretary.  

Image source, PA

Scottish Labour MSP Colin Smyth takes to his feet for his maiden speech and says it is a great honour to be selected.

Mr Smyth says unemployment is on the increase in his area of Dumfries and Galloway. 

The member for the South of Scotland says this area is often forgotten about.

He says roads, infrastructure and broadband in the area all need investment.

The Labour MSP says with a bit of commitment and investment from the Scottish government young people will no longer have to leave the area to find work. 

The Scottish government has published correspondence relating to a £10bn memorandum of understanding Nicola Sturgeon signed with Chinese firms.

The papers, released after a freedom of information request, detail the background of the investment agreement.

Ms Sturgeon came under fire from opposition MSPs over transparency and one of the firms involved in the deal and was again challenged by Scottish Lib Dem leader Willie Rennie earlier in this debate.

Image source, SINOFORTONE

Economy Secretary Keith Brown said the papers proved that the government had "acted in good faith" throughout.

The first minister signed the memorandum with SinoFortone and China Railway No. 3 Engineering Group at Bute House in March. However it did not come to light until April, after reports surfaced in the Chinese press.

The newly-released papers, external show that draft press statements were passed back and forth, including supportive quotes from RBS and Brian Souter, but these were never released.

In correspondence included in the papers, staff say no announcement was made because "it was the end of term and there was a lot going out of the door", and "we simply didn't want it to get lost among all of the other announcements that week".