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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.  

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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 4 July 2025
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Displaying 2221 contributions

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Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

Did Ferguson’s seek approval from the Scottish Government?

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

I probably know the answer to my next question. In undertaking your audit work, you will be in the office at the yard to look at the facts and figures and at the information that is presented. Do you ever go to talk to the folk on the shop floor to gain knowledge and understanding from them, too?

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

That is helpful. We have discussed the requirements of the Scottish public finance manual, the £95,000 threshold and the internal mechanisms at the yard. Were the settlement agreements for the 21 individuals who left in 2023-24 all signed off by the board or would that have been an operational matter?

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

Clearly, you will know the quantum for each of the two packages that the Scottish Government did not provide the guarantee for. Can you share that information with the committee?

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

Are you content with the work that has been undertaken in that regard, and in particular that on the larger contract organisations?

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

I do not think that that actually answers the question. I am looking for a specific figure with regard to the financial loss that the yard had to deal with because of the work that it undertook for BAE.

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

That is fine.

My second brief question is in relation to Colin Beattie’s questions on board meetings and governance. The board meets only six times a year. Bearing in mind the challenges that have been well documented by you and others, is six times a year enough for a board to get on top of all the challenges and risks that it faces?

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

Sure—it is paragraph 25 on page 15 of the main report.

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

It is the bullet point at the top on page 15.

Public Audit Committee

Section 22 Report: “The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited”

Meeting date: 16 January 2025

Stuart McMillan

The threshold for settlement payments is £95,000. You have said today and in the report that there has been significant turnover of senior staff. As you are aware, I am the constituency MSP. I grew up in Port Glasgow and I still live in Inverclyde. I know a lot of folk who work at the yard and I hear a lot of different things from various people there. For some time, I have consistently heard that there is a revolving door of people coming and going, which chimes with what you have said today. I have heard examples of people coming into Ferguson’s for maybe two or three months and then leaving with a package. I assume that those packages were payments of less than £95,000. However, I assure you that it is greatly frustrating for the workforce who have been there for many years to see people coming and going and leaving with fairly hefty settlements because their time in the yard has not worked out.

Have you seen information on how many people have come and gone with settlement payments that were under the £95,000 threshold? Can you indicate the annual total quantum of those settlements?