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.
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Displaying 1659 contributions
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
Do you set an explicit target for those metrics?
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
As long as it is quick, Stephen.
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
I think that we could do a whole inquiry on that. We better stop there.
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
I think that that is the first time that the Sex Pistols have been heard at committee. [Laughter.]
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
I want to ask a brief supplementary about write-offs. Typically, early-stage investors will have a rule of thumb that they follow—a hit rate of, say, one in 10 or something like that. Do you have a benchmark that you use for your success rate with early-stage investments and, conversely, your write-offs? Is the level of write-off in line with that target? As you say, in some ways, too few write-offs might mean that you are not taking enough risk.
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
That would be very helpful. Thank you. I will bring in Gordon MacDonald.
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
On page 15 of your annual report, you state that the average increase in turnover from the grant awards that you make is £1.5 million and the average increase in profitability is £521,000. How do you prove that that would not have happened without your support and intervention?
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
Thank you. I now have some questions for Highlands and Islands Enterprise. I note that you have not yet published an annual report. Last year, you published your annual report on 9 December, which was five days after the Scottish budget was published. Why is your annual report published so late in the year? It makes it somewhat difficult for us to examine your financial performance if you have not published one.
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
I have been looking at each of the enterprise agencies to try to understand the proportion of their budget that they spend on operational costs versus the proportion that they get out the door. My reading of your accounts is that you spend about £20.8 billion—or, rather, £20.8 million—on staff costs. Sorry, I just added several zeroes to your budget—I would not get too excited.
That is a much lower proportion than the other two agencies. Can you clarify what proportion of your budget goes on grants and direct business support and what proportion goes on management? Am I right in my reading of the £20.8 million figure? That is from last year’s annual report.
Economy and Fair Work Committee
Meeting date: 17 September 2025
Daniel Johnson
If you were able to provide a summary of that, that would be useful.
I have one last question before I hand over to colleagues. Your written submission states that the average increase in productivity achieved was 54 per cent. That strikes me as very high. I am also curious because you state that the average wage of the supported jobs was £30,600. That is only £1,000 more than the average wage for the whole of Scotland. It strikes me that there is a bit of a mismatch between the claimed productivity increase and the wages for those in projects that you are supporting.
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