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When it comes to national investment banks, just as is the case for other financial institutions, their purpose has to be abundantly clear, not least because they are underpinned by the public purse for which Governments are, rightly, held accountable. They must be able to demonstrate that, in terms of key economic indicators—whether on productivity, investment, job creation, innovation or growth—they can deliver better outcomes for the nation as a whole. I will consider those points in turn.

On the need for the Scottish National Investment Bank, about which the Parliament was agreed in principle last year, we, on the Conservative benches, still very much believe that a little more should be done to clarify the central purpose of the bank because, despite the missions that are referred to in the Scottish Government motion, the central purpose of the bank has never been completely clear.

I think the cabinet secretary would admit that there was some dubiety even within the ranks of the Scottish National Party between 2014 and 2016 about what that purpose should be. John Swinney talked about whether we should build on the existing bank and said that there would not be a new one. We know that there were concerns last year, which I think came out in response to a question by my colleague Dean Lockhart, about how the new investment bank would articulate with the other growth agencies and where the additional money would come from. That is an absolutely key point. I have sympathy in that regard with part of the Labour amendment, if not with its entirety. Daniel Johnson raises an important issue about some of those principles.

We also know that, in 2014, Nicola Sturgeon spoke about the main role of the new investment bank being to provide “patient capital investment”. That idea had moved on a little by 2019 to the aim of financing investment in net zero technology. That is laudable, but the goalposts have shifted slightly and there is an issue of coherence. I am not speaking for myself; I am speaking on behalf of a lot of people in business, who feel that lack of coherence.

There is undoubtedly a balance to strike. The key thing that businesses are asking for is a little clarity about what will be expected from them when they make an application. They particularly want to know when the Scottish National Investment Bank is going to deliver something. My concern is that the bank is a good idea in principle but we do not have the criteria for what a successful investment would be and how that would deliver within the macroeconomy. That is the point that many Scottish Conservatives were making this time last year. How does it all fit together? I agree with Daniel Johnson’s point about the role of Scottish Enterprise. How does that all fit together? Businesses want answers to those questions and we must address that.

I read quite a bit about the investment strategy as I tried to drill down and find answers to the questions that I have posed. I also tried to find minutes of bank board meetings. Perhaps I was not looking in the right place, but I could not find them. There must be clarity about the bank’s purpose. If it is to provide patient capital, that is important, because it is about the longer term. The cabinet secretary is right that that is not a Scottish Government thing or a political party thing, but it matters, big time, for the future growth of the economy, so we must have clarity about that.

There is a serious issue about small and medium-sized enterprises, many of which are struggling to cope with debt at the moment and to make ends meet. Those companies want to know a little more about the Scottish Government’s role in supporting SMEs. They are the bedrock of the economy—no one doubts that. How does that all fit together?

The cabinet secretary knows that we support the principle of the Scottish National Investment Bank, as we said in the chamber and in committees last year. However, a year on, we feel strongly that now is not the right time to judge how successful the bank can be. What matters is its relationship with the other economic agencies, particularly with regard to growth, entrepreneurship and innovation. We still have a lot to do before we can demonstrate how the bank will be beneficial to Scotland.

I move amendment S6M-02127.1, to insert at end:

“, and, to that end, wants to see much greater clarity from the Scottish Government over the role of the bank, how its achievements will be measured, including how it will attract private sector investment, as well as make best use of taxpayers’ funds, and how it will support small and medium-sized enterprises, which are the bedrock of the economy.”

Yes, I absolutely associate myself with the remark that my colleague Pam Gosal has made. The point that she makes is important; I urge everybody who looks after veterans’ interests always to recognise how many people from different countries and backgrounds have been involved.

Whatever the challenges that they face, including the realignments that often happen in the military—including some that are happening right now—our armed forces display professionalism that is beyond reproach. When we look after them following their return to civilian life, they deserve the same standards, so I will take some of the issues in turn.

As other speakers have said, healthcare and mental wellbeing are paramount. Our veterans often have complex issues, including physical disability that impacts on their mobility, and they often find themselves alone. Their being proud men and women because of their professional training can often make them reluctant to ask for help, but as we all know, suffering in silence can only make things worse. Therefore, it is imperative that we support them well with their medical needs and work with the third sector and the veterans charities to help them to cope.

I have to commend the trauma risk management system in the British armed forces, which allows senior professionals or retired professionals to provide appropriate support to their colleagues in the aftermath of traumatic events or, at least, to point them in the right direction to get adequate support.

At this point, I want to say how much regard I have for the people who work in those support networks. There are too many of them to mention by name, but they are the real lifeline that few of the rest of us could ever provide. It is good to see the increased funding that supports those networks, but we should never underestimate the extent of the pressure on their resources.

Nor should we ever underestimate the number of veterans who are either homeless or are facing difficult issues in housing, which is why we are so much in favour of the dedicated veterans help-to-buy scheme, so that veterans can find it easier to get onto the property ladder. That measure, together with the Scottish income tax mitigation that is awarded to veterans by the UK Government, is important and should be an important part of any armed forces covenant to help veterans to transition to civilian life.

I turn to education and skills, in which some aspects remain in need of improvement. At a time when it is quite clear in the Scottish economy that there is a mismatch of skills in the jobs market, it is vital that the assistance that is provided to veterans be based on the need to provide relevant training to ensure that they have a diverse range of skills that suit the inevitability of a much more flexible future jobs market. That is not easy, but it is an essential part of veterans moving back to civilian life and of providing greater stability for veterans’ families.

It is essential that there are no barriers in the way. For example, some years ago, veterans and partners of armed forces personnel who had wanted to resume their teaching careers in Scotland found that to be impossible because of restrictions that are imposed in respect of teacher-training qualifications, which are overseen by the General Teaching Council for Scotland. Happily, moves were made to amend regulations, although I think that there is still a little way to go in opening up new opportunities.

Of course, one of the most difficult readjustments can be when young families of new veterans have to change school across educational jurisdictions that have different curricula. I have some personal casework experience of that and know just how important it is that the families receive accurate good-quality advice about what different curricula can offer. Educational security at school is essential for helping veterans’ families to settle into their new circumstances, so it is important that they have professional guidance to hand.

The Scottish Conservatives have the very highest regard for our armed forces, and will always stand up for them and for all 220,000 veterans in Scotland in every way we can. We salute the service that they have given, for which we owe them so very much.

To ask the Scottish Government what measures are in place to protect the autonomy of Scotland’s universities. (S6O-00357)

I am grateful to Keith Brown for taking my intervention; I agree with him on that point. That said, there were specific issues a few years ago because of barriers that the General Teaching Council for Scotland had put in place that prevented—although not deliberately—some people who would have been valuable additions to the teaching profession from becoming teachers. That cannot be acceptable.

On Sunday, in Whitehall, the Cenotaph will, once again, be the focus of the nation’s annual remembrance. The monument’s simplicity and grace, the poignancy of the tomb of the unknown warrior and the poppy are the most powerful symbols of our remembrance.

As the years pass, so, too, do the anniversaries of our war history, but the significance of our acts of remembrance only grows. Nothing at all can ever dim the memory of all the people who gave their lives so that we can enjoy our freedom, or the nation’s determination to remember them.

Those acts of remembrance—small or large, public or private—are part of the nation’s being, and rightly so. So, too, are our veterans and their families, because improving their lives and those of their families should be a core part of the legacy that those who did not come home would want to leave.

Every veteran, whatever their personal background, should feel supported around the clock on every day of every year, and should know that that support will be provided by our two Governments, which are absolutely in unison when it comes to the priorities within that support. No one should ever feel left behind or feel that we do not care, which is why it is important to recognise the considerable progress that has been made in recent years, which has been ably led in many respects by the cabinet secretary’s predecessor, Graeme Dey, and by the cabinet secretary now. All too often, Parliament can descend into aggressive tribal politics, but when it comes to veterans support, we are united. That is testimony to the esteem in which our veterans are held.

Covid has brought home to us how much we rely on the armed services and how important they are when it comes to serving the best interests of the civilian population. How vital were their efforts to help communities to deliver essential services, to drive ambulances and other blue-light vehicles, to assist with the vaccination and testing programmes and, of course, to carry out their usual duties? It is often remarked upon that the British armed services have the highest standards of professionalism in the world.

I am sure that the minister agrees that university autonomy—which, of course, includes the academic freedom that he referred to—has been part of the success of the university system for hundreds of years precisely because it protects institutional diversity and specialisation and that the system reflects the likes of the Royal Conservatoire of Scotland, Scotland’s Rural College and Glasgow School of Art. Does the minister accept that recent developments with regard to free speech in the university system at the United Kingdom and Scottish levels threaten to undermine the concepts of autonomy and academic freedom? Will he explain to Parliament what action the Scottish Government is taking to ensure that university autonomy is never diminished?

I thank the cabinet secretary for his response. He knows, however, that the agreement on joint working that was put together to maintain positive and constructive relations was based on mutual respect. He also knows that there has been a very welcome agreement in recent days between his colleague Kate Forbes and Simon Clarke at the Treasury about the parameters for the future of the fiscal framework discussions.

Does the cabinet secretary agree that Scotland fares very much better when both the Scottish and UK Governments, and the other devolved nations, work together and there is not a constant focus on another referendum?

To ask the Scottish Government what actions the constitution secretary is taking to continually improve interactions with the other devolved Administrations as well as the UK Government. (S6O-00326)

I will concentrate on the public procurement angle, because having the right public procurement will go a long way to ensure that we have fair work practices.

I hope that there is one thing that can unite the Parliament in these difficult times: the drive to ensure that we get better value for public money and that we do so as openly and transparently as possible. The public deserves no less. They surely have a right to know exactly where their money goes and why elected members of the Scottish Parliament make certain choices, particularly when it comes to jobs and fair work. We must be held fully accountable for every decision that we make, especially on public finance. The Finance and Public Administration Committee, several members of which are in the chamber, certainly sees its scrutiny role as absolutely paramount in all its activities; so, too, does Audit Scotland.

In 2018, the then Auditor General, Caroline Gardner, strongly criticised the Scottish Government for the limited information that was made publicly available to enable scrutiny of the financial support that is given to several private companies. It is quite clear that, at Ferguson Marine, Burntisland Fabrications and Prestwick airport, transparency has not been as good as it should be.

On the request for openness and transparency, it is important that there is a proper structure around the Scottish Government consolidated accounts. A serious problem with Ferguson Marine was that, although it was a fully Government-owned company with Scottish ministers as the only shareholders, it did not fall into the Scottish Government consolidated accounts.

Caroline Gardner was absolutely correct when she said that, to deliver best value, we need good governance structures and effective management—she said that persistently during her time in office, and her successor is doing the same. That is what is required of local authorities and it should be the same for the Scottish Government.

In his speech, the minister mentioned the Procurement Reform (Scotland) Act 2014, which demands that public bodies consider not only the economic outcomes of procurement but what would enhance social and environmental wellbeing, which several members have referred to. This is a good week to talk about the additional concerns of social and environmental wellbeing.

There is growing demand for help for local economies. My colleague Stephen Kerr mentioned that, as did Willie Rennie. We can do a lot more to help our local economies.

The Federation of Small Businesses has made two very strong points on that front. First, it would be very good for a much higher percentage of procurement funding to go to smaller firms to help local jobs and local investment. We must bear in mind that many smaller firms have been the bedrock of our communities during Covid. Secondly, it is true that Covid has not made things easy when it comes to tracking the money, but that should not be used as an excuse.

I finish on what I think is a very important point: not only are openness and transparency good practice in measuring best value for taxpayers’ money, but they are essential if there is to be renewed trust between Government and the public. There is much in the media about how politics—and maybe even politicians—has lost its integrity when it comes to that transparency and openness. That is not good for society, it is not good for where our public money is going, and it is certainly not good for rebuilding Scotland after Covid.