The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 1877 contributions
Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
If it is brief, then I will bring in Gordon MacDonald.
Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
Thank you. That is helpful.
That brings us to the end of today’s meeting. I thank witnesses for attending.
10:45 Meeting continued in private until 11:50.Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
I am sorry to interrupt, but will the budget that we are facing slow down the pace that you have said the Scottish National Investment Bank is working at?
Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
If it is very brief.
Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
Bob Doris, do you wish to ask a supplementary?
Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
In that case, I will let you in before I bring in Kevin Stewart.
Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
I have a couple of questions before we finish. We have had wide discussion of financial transactions. My understanding of financial transactions is that they are consequences of UK Government spending. The former First Minister initially described them as a con before they were seen as a solution to funding the Scottish National Investment Bank. The Scottish Government has said that it assumes that there will be no further financial transactions. I come back to the Scottish National Investment Bank. The £2 billion funding is dependent on financial transactions, and the Scottish Government assumes that there will be no further financial transactions. What discussions are you having with it about alternatives, and how confident are you about the £2 billion, given that assumption?
Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
I have the same question for Scottish Enterprise about the assumption that there will be no further financial transactions, which play a significant part in your funding. There are options for the Scottish Government to transfer funds from resource to capital budgets. Would you ask it to do that, and what discussions are you having about alternative funding?
Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
Other members will ask about those areas, so there will be an opportunity to say a bit more about them then. I am about to hand over to Lorna Slater, who will pick up on some of those themes, but, before I do, do you have any comment on the decision to move ScotWind’s revenues to resource funding?
09:15Economy and Fair Work Committee
Meeting date: 25 September 2024
Claire Baker
Good morning and welcome to the 24th meeting of the Economy and Fair Work Committee in 2024. I have received apologies from Michelle Thomson, and Bob Doris is attending as a committee substitute. Colin Smyth will attend today’s meeting online.
Our first item of business is a decision to take agenda item 4 in private. Are members content to do so?
Members indicated agreement.