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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 25 August 2025
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Displaying 2215 contributions

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Economy and Fair Work Committee

Budget 2023-24

Meeting date: 18 January 2023

Graham Simpson

That is the nature of investment—some will work, but some will not. I am not picking on that particular company; I just happened to look at it and it struck me that it might not be particularly Scottish. I appreciate that you want a return from our investment, for Scotland. I am happy to leave it there.

Economy and Fair Work Committee

National Strategy for Economic Transformation

Meeting date: 18 January 2023

Graham Simpson

I have one final question. Last week, I asked Mr Logan about his involvement with the company that I just mentioned, TravelNest. He is still listed as a director of that company, although he told us that he had pulled back.

Maybe he has pulled back, but it struck me that, not just for him but for anyone in a similar role with Government, whether they are paid or not, we should have clarity on their business interests, either as directors or regarding whether they hold shares in particular companies. Would you agree with that?

Economy and Fair Work Committee

Budget 2023-24

Meeting date: 18 January 2023

Graham Simpson

I have a question about the Scottish National Investment Bank, because it is also receiving a real-terms increase in funding. What is that based on? Are you expecting the bank to deliver anything in particular? Has it come forward with particular projects that have whetted your appetite and prompted you to give it that extra funding?

Economy and Fair Work Committee

Budget 2023-24

Meeting date: 18 January 2023

Graham Simpson

You have decided to give the bank a real-terms increase. What are you expecting in return for that?

Economy and Fair Work Committee

Budget 2023-24

Meeting date: 18 January 2023

Graham Simpson

Can you or your officials tell us how investments are monitored? I have looked at one company that the bank has invested in, called TravelNest. It was awarded £5.5 million last year. The company helps property owners to advertise their holiday rentals on sites such as Airbnb.com, Booking.com and others. It struck me that such companies might be able to fund that themselves. I looked TravelNest up on the Companies House website: it appears to have an address in London rather than in Scotland. How is that monitored?

Economy and Fair Work Committee

Chief Entrepreneurial Adviser to the Scottish Government

Meeting date: 11 January 2023

Graham Simpson

Thank you.

Economy and Fair Work Committee

Chief Entrepreneurial Adviser to the Scottish Government

Meeting date: 11 January 2023

Graham Simpson

I will come on to remuneration. Figures have been published; you can tell me whether they are right or wrong.

You are paid £2,000 a day—is that correct?

Economy and Fair Work Committee

Chief Entrepreneurial Adviser to the Scottish Government

Meeting date: 11 January 2023

Graham Simpson

You will be pleased to hear that I am going to come back to remuneration. At the start, you described broadly what an entrepreneur is: it is somebody who has an idea, starts up a business and makes a success of it. What businesses have you started?

Economy and Fair Work Committee

Chief Entrepreneurial Adviser to the Scottish Government

Meeting date: 11 January 2023

Graham Simpson

That is useful to know.

You mentioned the Scottish technology ecosystem review, which you wrote. I read that, when you were invited to do that by Kate Forbes, you were sitting in a lay-by on the A9. How were you offered your current role? Where were you? I hope that you were not sitting in a lay-by. How was it offered? Was there an interview process?

Economy and Fair Work Committee

Business Investment Outlook

Meeting date: 11 January 2023

Graham Simpson

I do not know whether any of the other witnesses want to say anything. They should not feel that they have to. I see that Jon O’Sullivan wants to comment.