Skip to main content
Loading…

Seòmar agus comataidhean

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

Criathragan Hide all filters

Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 5 May 2021
  6. Current session: 12 May 2021 to 23 May 2025
Select which types of business to include


Select level of detail in results

Displaying 1635 contributions

|

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Douglas Lumsden

The board is meant to provide

“advice on the Bank’s objects, conduct and performance”.

I am slightly concerned about who is carrying out that role, if the board is not in place. Will those people also fit into your risk management framework? I imagine that they would.

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Douglas Lumsden

The convener mentioned the use of public money. Last year’s accounts showed a loss of almost £20 million, but you are still paying bonuses. Last year, the acting chief executive officer received a bonus of about £77,000. How can the use of public funds to pay bonuses be justified when there are such big losses?

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Douglas Lumsden

Yes, I have.

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Douglas Lumsden

Just for clarity, you might have a figure in mind, but does that need agreement from Scottish Government? How does that work?

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Douglas Lumsden

We have heard that, during the coming months, you will be balancing the increase of costs to consumers and your capital plan, and I guess that increases in staff pay will also be taken into consideration. All of those issues will come into the mix before you decide on the increase and your capital spend going forward.

10:30  

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Douglas Lumsden

Will you update the committee on the £9 million investment that the bank made in Circularity Scotland? Do we expect any of that money to come back?

11:45  

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Douglas Lumsden

What happens to the other £3.5 million, if you expect—

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Douglas Lumsden

Okay. What lessons have been learned from that process of lending to Circularity Scotland? Was the internal market act not previously seen as a risk, and is it seen as a risk now? Has anything changed in the bank when you look at potential investments?

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Douglas Lumsden

You said that the bank has been going for three years. Scottish ministers were meant to set up an advisory board when the bank was created, but there is no sign of that yet. Do you have any more information about when that advisory board will be created and what its role and function will be?

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Douglas Lumsden

Do you anticipate trying to borrow more from the Scottish Government for the large capital project that you obviously have? It is often said that you are sitting on cash reserves. I do not know how much they are, but could they be used?