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.
All Official Reports of public meetings of committees.
Displaying 2811 contributions
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
Last week, we had the chief entrepreneurial adviser to the Scottish Government, Mark Logan, in front of us. I raised the issue of his rather large salary—£200,000 a year for working two days a week—and he mounted what I would describe as the L’Oréal defence: “Because I’m worth it.”
How would you assess whether or not he is worth it? What sort of progress are you looking for from Mr Logan? How will his role be measured and assessed?
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
Let me put it this way: if this committee is looking at that particular role, what kinds of things should we be looking to Mr Logan to deliver?
11:15Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
Aside from the £200,000 that I mentioned, which is paid to a company, has Mr Logan been given any other resources to fulfil the role?
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
Okay, I will leave that there.
You mentioned the Scottish National Investment Bank; I will ask you about that in a moment. First, I want to ask about the line in the budget that relates to Ferguson Marine Engineering Ltd, which had £47 million in 2021-22, then £35.9 million in 2022-23, which will go up to £60.9 million in 2023-24. When we look at the money that has been given to the yard, it is almost like watching an episode of “Ant and Dec’s Limitless Win”—there does not seem to be any kind of cap. Can you guarantee that the £60.9 million that has been allocated for 2023-24 is it, or will there be more?
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
That is not a commitment.
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
Do you have a maximum in mind?
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
That is the nature of investment—some will work, but some will not. I am not picking on that particular company; I just happened to look at it and it struck me that it might not be particularly Scottish. I appreciate that you want a return from our investment, for Scotland. I am happy to leave it there.
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
I have one final question. Last week, I asked Mr Logan about his involvement with the company that I just mentioned, TravelNest. He is still listed as a director of that company, although he told us that he had pulled back.
Maybe he has pulled back, but it struck me that, not just for him but for anyone in a similar role with Government, whether they are paid or not, we should have clarity on their business interests, either as directors or regarding whether they hold shares in particular companies. Would you agree with that?
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
I have a question about the Scottish National Investment Bank, because it is also receiving a real-terms increase in funding. What is that based on? Are you expecting the bank to deliver anything in particular? Has it come forward with particular projects that have whetted your appetite and prompted you to give it that extra funding?
Economy and Fair Work Committee
Meeting date: 18 January 2023
Graham Simpson
You have decided to give the bank a real-terms increase. What are you expecting in return for that?