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Chamber and committees

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 3 May 2025
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Displaying 1514 contributions

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Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

You talked about a couple of potential orders. I recall my first visit to the yard, in 2016, when I sat with the then owner of the yard in the boardroom, where I am sure you have had a number of meetings over the years. I was given a very lengthy presentation about the pipeline of business that it was pitching and bidding for and the business that it was in advanced conversations about. To my knowledge, not one of those possibilities came to fruition or came to pass due to the situation that the yard found itself in, the receivership and eventual nationalisation. The list of business that it was pitching for was very long.

You mentioned that there are potentially a couple of contracts coming through. What I am getting at is whether, when the Glen Rosa sets sail later this year, we hope, there will still be 290 people working in the yard. Will there be enough business to keep them in work?

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

Are you saying that you can be beaten on price because Turkey and countries in Asia and in the middle east will build ships cheaper, for many different reasons, including reasons that perhaps we would not agree with, such as the conditions for their workforce, how much they pay their staff, and their health and safety records—the things that we like to excel at in our shipbuilding community in Scotland? Therefore, is your plea to the Government that, that issue aside, it should look at the wider macroeconomic benefits of putting this work into Inverclyde? Is that what you are saying?

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

Well, the time is now. I am asking whether that is the current intention.

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

That is great. My final question is on the finances that were mentioned earlier. I am looking for reassurance that funding for any cost overruns that the yard identifies as arising in the next couple of weeks or months will be met through additional funds provided by the Scottish Government. None of that should come from the money that has been put aside for capital investment to improve and upgrade the yard or from any other part of its existing budget.

I mention that because it is exactly what happened last time. The Scottish Government gave the yard money, by way of loans, for the stated purpose of improving its infrastructure. We all know that that money got soaked up in the Glen Sannox cost overruns—that was the reality of the matter—and I am looking for comfort that that will not be the case again.

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

Let us get this right. The budget, if it is agreed to, will allocate around £47 million to the yard, of which £37 million will be used to complete the Glen Rosa, and there is £14 million of capital money. Also, £9 million of the capital money will be allocated to the Glen Rosa. Is that correct?

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

Perhaps you can write to us and outline that. We asked Audit Scotland about that previously, and there was a lot of confusion over the numbers.

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

Let us segue nicely to the Scottish Government. Would that request be granted?

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

I am sure that Mr McMillan is more than capable of agreeing with many of those points, and I am sure that we will hear some of them from him. As someone who lives in Greenock, I agree with many of the points that I am sure that he is about to make, but that is not the point of this committee, and it is not the point of the Auditor General’s work. That specific work, rightly, involves holding to account senior civil servants, ministers and people who run enterprises that are owned by the public, funded by the public and paid for with taxpayers’ money. We are entirely doing our duty in that respect.

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

There is a track record of your having said to ministers that something is not value for money for public investment.

Public Audit Committee

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

Meeting date: 5 February 2025

Jamie Greene

In your opening statement, you said that the three pillars of being a good sponsor of a public asset such as Ferguson’s are good governance, transparency and value for money. Which of those is demonstrated in the conversation that we have had today? We have heard numerous examples of poor governance and there has been a lack of transparency, with basic questions that cannot be answered. Certainly, value for money is out the window. The ferries were supposed to cost £97 million for the two, but we are now nudging towards £400 million of public money. Is that a complete failure on your part?