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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 4 May 2021
  6. Current session: 13 May 2021 to 17 January 2026
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Displaying 1741 contributions

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Economy and Fair Work Committee

National Strategy for Economic Transformation

Meeting date: 16 March 2022

Claire Baker

I mentioned that the Fraser of Allander Institute and other organisations have concerns that there is not enough detail, clarity or direction. The delivery plans will not be published for another six months. Why were they not published with the original document? Will they fill the vacuum that has been created?

Economy and Fair Work Committee

National Strategy for Economic Transformation

Meeting date: 16 March 2022

Claire Baker

I have a question that is connected to that. It is about the target that is set in the export plan to increase exports by 5 per cent to 25 per cent of gross domestic product by 2030. As Fiona Hyslop outlined, there are extreme pressures, such as Covid. We still have the hangover from Brexit and now the war in Ukraine is putting on pressure. Are you still confident about achieving that target? How will the plan have to change to acknowledge the situation that we are in?

Economy and Fair Work Committee

National Strategy for Economic Transformation

Meeting date: 16 March 2022

Claire Baker

I will bring in Michelle Thomson for a closing question.

Economy and Fair Work Committee

National Strategy for Economic Transformation

Meeting date: 16 March 2022

Claire Baker

Thank you, cabinet secretary, for attending this morning, along with your officials.

I suspend the meeting briefly while we change the panel.

10:37 Meeting suspended.  

10:41 On resuming—  

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Claire Baker

Before I bring in Jamie Halcro Johnston, I have a question. Given that the chief executive left with immediate effect, what impact did that have on the bank? You seemed to suggest that there has been no impact, but with such a post there would usually be a handover period, and you would know in advance that somebody was about to leave. What impact did the immediate resignation have on the bank?

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Claire Baker

Thank you very much. That brings us to the end of the evidence session. I thank both witnesses for speaking to us this morning.

11:56 Meeting continued in private until 12:10.  

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Claire Baker

Thank you, Ms Jameson and Mr Watt, and welcome to the committee.

Mr Watt, as you set out in your statement, there is a recent resignation issue, which I am sure that some members of the committee will wish to ask about. I understand your role as employer, and you have set out clearly the parameters within which you wish to discuss the issue.

I have some questions about timescales. I am interested in when you, as the chair, were notified of the chief executive’s decision to resign, when the board was informed, and at what stage the shareholder—which is the Scottish Government—was informed.

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Claire Baker

The next item is an evidence session with the Scottish National Investment Bank. I welcome Willie Watt, who is the chair, and Carolyn Jameson, a board member, both from the Scottish National Investment Bank. I also welcome Liz Smith MSP, who has asked to attend the session.

As always, I ask members and witnesses to keep their questions and answers concise.

I invite Mr Watt to make an opening statement.

Economy and Fair Work Committee

National Strategy for Economic Transformation

Meeting date: 16 March 2022

Claire Baker

Jamie Halcro Johnston—do you have another question on that?

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Claire Baker

I will now hand over to the committee’s deputy convener.