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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 20 May 2025
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Displaying 4955 contributions

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Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Yes, I know. I am just laying that out because we see questions about investment in the industry and about the salaries of people who work for you. You might be getting £450,000 and Peter Farrer might be getting a little bit less at roughly £350,000. That is a huge amount of money, and I am just laying that out so that the public are aware of it.

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

I take all those points on board. My only comment is that there is no other water company in the UK that is owned directly and underwritten by the Scottish Government and the people of Scotland. They are the owners, whereas other companies have different ownership structures.

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

What is the maximum amount that you can get?

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Of your salary?

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Wow. That could be a lot of money. It costs over £1 million to employ the three executive members and the non-executive directors. In the big scheme of things, that is quite a lot of money. My maths is not that good but, if your bonus is 40 per cent of your salary, it could take you up to £430,000.

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Edward Mountain

What is the rate of return on the investment? That figure of £10 million could be good or bad figure, depending on—

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Monica and Peter, this is really difficult. I know how seriously you take this, Monica, and I am sure that Scottish Water take it extremely seriously. I do not want anything to be misquoted or for anyone to be misled, which could cause the negotiations to fail.

Monica, you have very much made your points and your comments, and I encourage Peter or Alex to come back on those. I am not asking you to set out a pay statement or to put a pay deal on the table, but the committee is making the point to you that it is very concerned about this issue, and Monica has eloquently made that point. The committee is looking for an undertaking from Scottish Water that it has heard what we have said and to say what it is going to do about it.

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Jim, I know that you will find that unsatisfactory, but you have an offer to take the matter offline straight after this committee meeting or as soon as possible. I would like to keep the discussion at a slightly higher level.

I have another question before we leave that area completely. Obviously, not putting up the charges for Scottish Water has implications for how people are remunerated.

Looking at the accounts, it seems that you had more employees at the end of the accounting period. I had not seen that the salaries had gone up significantly to replicate that. It is very difficult to see in the accounts how much of the salary increase on the previous year was due to extra employees or to pay. Is there a conflict between what you can pay your staff and what you can get in from the income that you raise from the public?

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Do not touch the button. That will be done for you. That could cause confusion.

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Edward Mountain

That is the income. If I gave a bank £460 million with a base rate of 5 per cent, what would my return be? It would be more than £10 million, surely.