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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 29 October 2025
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Displaying 3154 contributions

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Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

The Scottish Parliament information centre.

Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

I looked at the financial statements of all your universities up to last July and I want to ask you a few questions about them. My first question is on reserves and I will start with Professor Rigby. Napier’s income for the year is something like £171 million and its reserves are £139 million. On the face of it, people might think that that is quite a healthy position and that £139 million in reserves is quite good. Could you tell us a little about the reserves, what they are intended for and what they should be—that kind of thing?

Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

When we are dealing with other organisations, perhaps charities and so on, they sometimes say that they want to have three or six months’ income or expenditure in reserves, that kind of thing. Does a university like yours have a target for what your reserves should be?

Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

Thank you. Professor Mathieson, your university is about eight or 10 times as big as either of the others, so it is a slightly different scale and your reserves are also of a slightly different scale, at about £3 billion. Are you in the same position as the other universities as to what that £3 billion is for?

Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

But still, £300 million in unrestricted reserves not in buildings seems like quite a good figure.

Education, Children and Young People Committee [Draft]

Subordinate Legislation

Meeting date: 4 June 2025

John Mason

Yes, I have a comment. I do not disagree with what is happening in this SSI, but I think that there is an issue with overseas qualifications being recognised. It is something that has come up with some of the people who have come from Ukraine, in particular, but it has come up with people from other countries, too. Some who appear to have very good qualifications in their own countries are finding it very difficult to be accepted here or to improve their qualifications or get them recognised. My comment is just that we, or somebody else, should be looking at the issue in the future, but I do not object to the SSI.

Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

Okay. I will come to the others so that they can comment as well, but I take your point. You mentioned RAAC. We have been given a figure of £750 million for the whole of the university sector. Can you give us a figure for what RAAC repairs might be for your university?

Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

What were your actions?

Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

Okay. Part of that deficit, it says, was an

“actuarial loss in pension plan”

of £2.6 million. Can you explain to us what that was? I think that Napier had something similar.

Education, Children and Young People Committee [Draft]

Universities (Financial Sustainability)

Meeting date: 4 June 2025

John Mason

I accept that Edinburgh is different. On the surplus figures that you mentioned, the accounts for July 2024 show a surplus of £392 million for Edinburgh. I think that one of the major factors there is the pension scheme. Can you tell us why your pension scheme is a big positive—£350 million positive last year—compared with the others?