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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 22 August 2025
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Displaying 2212 contributions

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Delegated Powers and Law Reform Committee [Draft]

Scottish Parliament (Recall and Removal of Members) Bill

Meeting date: 3 June 2025

Graham Simpson

I am not aware of any.

Delegated Powers and Law Reform Committee [Draft]

Scottish Parliament (Recall and Removal of Members) Bill

Meeting date: 3 June 2025

Graham Simpson

It would be out of scope, because the bill relates only to MSPs. It is an interesting idea, convener, but it is one that I would not agree with.

Delegated Powers and Law Reform Committee [Draft]

Scottish Parliament (Recall and Removal of Members) Bill

Meeting date: 3 June 2025

Graham Simpson

It is always my preference to have powers set out in a bill, but sometimes that cannot be done. You have to trust ministers to do their job sometimes, Ms Clark—even I do that. [Laughter.] However, my preference in this instance—it will not surprise you to hear this—is that, if we can, we should apply the affirmative procedure, rather than the negative. We should use the highest possible level of parliamentary scrutiny.

Delegated Powers and Law Reform Committee [Draft]

Scottish Parliament (Recall and Removal of Members) Bill

Meeting date: 3 June 2025

Graham Simpson

I think that I have answered it.

Public Audit Committee [Draft]

“Scottish National Investment Bank”

Meeting date: 28 May 2025

Graham Simpson

I want to follow on from the convener’s line of questioning. I do not know whether you are a fan of the TV programme “Dragon’s Den”, but I am. One of the questions that the investors often ask is, “How will I get a return on my money if I invest in you?” They are thinking of an exit strategy. Does the investment bank ask that kind of question when it is making these investments? Ultimately, it needs to get a return.

Public Audit Committee [Draft]

“Scottish National Investment Bank”

Meeting date: 28 May 2025

Graham Simpson

Maybe we will get a chance to ask it.

You mentioned in the report—and I think that it has come up already in the questioning—the business of staff getting bonuses, which is not normal in the public sector, as you recognise. Given the nature of the business—let us call it that, because it is a bank—is it appropriate that bonuses are paid when they are generally not paid elsewhere in the public sector?

Public Audit Committee [Draft]

“Scottish National Investment Bank”

Meeting date: 28 May 2025

Graham Simpson

I am thinking out loud here. You have said that it is too early to say whether many of those investments will pay off. Why are we paying bonuses if it is too early to say whether various investments have paid off?

Public Audit Committee [Draft]

“Scottish National Investment Bank”

Meeting date: 28 May 2025

Graham Simpson

This is my final question. You mention in the report the gender pay gap—the gap between what men and women are paid. That is an issue in the financial services industry and it is an issue in the bank. Is it a problem, and what is the bank doing to address it?

Public Audit Committee [Draft]

“Scottish National Investment Bank”

Meeting date: 28 May 2025

Graham Simpson

As we have discussed, there are inherent risks when investing—if there is investment in companies that are deemed to be high risk, there will be winners and losers. Probably the biggest loser among SNIB’s investments so far was its investment in Circularity Scotland. You have said repeatedly that the bank sees itself as independent and that it does not like political interference—it would say that there is no political interference—but Circularity Scotland was set up in the wake of Government proposals for a deposit return scheme, so could there at least be the perception that there was an element of politics in the decision to invest a lot of money in Circularity Scotland?

Public Audit Committee [Draft]

“Scottish National Investment Bank”

Meeting date: 28 May 2025

Graham Simpson

But when it makes that investment, has it got an exit strategy? If you put in, say, £10 million, A, you are not going to want to lose that money and, B, you will want to make a profit. Do you think that it has such a plan for its various investments?