- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 19 June 2019
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Current Status:
Taken in the Chamber on 26 June 2019
To ask the Scottish Government what its response is to the Social Security Committee’s recommendation that the housing element of universal credit should be paid directly to a landlord by default, with the option for a tenant to opt out.
Answer
Taken in the Chamber on 26 June 2019
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Monday, 10 June 2019
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Current Status:
Taken in the Chamber on 13 June 2019
To ask the First Minister for what reason only £3.2 million out of a £200 million Scottish European Growth Co-Investment Programme has been spent in supporting Scottish businesses.
Answer
Taken in the Chamber on 13 June 2019
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 15 May 2019
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Current Status:
Answered by Derek Mackay on 29 May 2019
To ask the Scottish Government whether financial transaction money can be used to fund the third sector, social enterprises and co-operation.
Answer
I refer the member to the answer to question S5W-23167 on 29 May 2019. All answers to written parliamentary questions are available on the Parliament's website, the search facility for which can be found at http://www.parliament.scot/parliamentarybusiness/28877.aspx .
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 15 May 2019
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Current Status:
Answered by Derek Mackay on 29 May 2019
To ask the Scottish Government for what reason the proposed Scottish National Investment Bank will not fund public sector projects.
Answer
Initial capitalisation of the Bank will be provided through Financial Transactions, a form of capital budget allocated by HM Treasury to the Scottish Government which can only be deployed as loans or equity investment for activities undertaken by a non-public sector body. Financial Transactions can be provided to social enterprises, third sector and cooperatives. For example, Financial Transactions have been used to fund housing provision by affordable housing providers, like housing associations.
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 15 May 2019
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Current Status:
Answered by Derek Mackay on 29 May 2019
To ask the Scottish Government how it defines the term "private sector" in the context of the proposed Scottish National Investment Bank's lending solely to the private sector.
Answer
The Policy Memorandum set out that: “The Bank will lend solely to the private sector” and that: “It will not lend to public institutions including local authorities, government agencies or arms-length bodies.” In this context we have used ‘private’ to refer to sectors out with the public sector. The Bank will be able to provide financial assistance for commercial activities, which may be carried out by a range of bodies such as social enterprises, those in the third sector and cooperatives, as well as other types of body or organisation in the private sector. See also the answer to question S5W-23167 on 29 May 2019. All answers to written parliamentary questions are available on the Parliament's website, the search facility for which can be found at http://www.parliament.scot/parliamentarybusiness/28877.aspx .
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 15 May 2019
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Current Status:
Answered by Derek Mackay on 29 May 2019
To ask the Scottish Government what the source is of the £2 billion investment in the proposed Scottish National Investment Bank.
Answer
I refer the member to the answer to S5W-23163 on 29 May 2019. All answers to written parliamentary questions are available on the Parliament's website, the search facility for which can be found at http://www.parliament.scot/parliamentarybusiness/28877.aspx .
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 15 May 2019
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Current Status:
Answered by Derek Mackay on 29 May 2019
To ask the Scottish Government how much financial transaction money is being used to resource the proposed Scottish National Investment Bank.
Answer
I refer the member to the answer to question S5W -23163 on 29 May 2019. All answers to written parliamentary questions are available on the Parliament's website, the search facility for which can be found at http://www.parliament.scot/parliamentarybusiness/28877.aspx .
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 15 May 2019
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Current Status:
Answered by Derek Mackay on 29 May 2019
To ask the Scottish Government how much of the £2 billion investment in the proposed Scottish National Investment Bank is financial transaction money.
Answer
The Scottish Government is providing an initial £490 million of capital in the form of Financial Transactions through the £150 million Building Scotland Fund (over 2018-21) and a further £340 million (over 2019-21) for other pre-cursor Bank investments. These commitments were announced in the 2018-19 draft budget. Further capitalisation of the Bank will be made from future Scottish budgets.
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 15 May 2019
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Current Status:
Answered by Derek Mackay on 29 May 2019
To ask the Scottish Government how it defines the term "commercial" in the context of the equality impact assessment of the Scottish National Investment Bank Bill, which refers it to giving “financial assistance to commercial activities”.
Answer
In referring to “financial assistance to commercial activities” the Equality Impact Assessment is in turn referring to Section 2(1) of the Scottish National Investment Bank Bill and that section mirrors what is provided for in Schedule 5 of the Scotland Act 1998. In this context “Commercial” refers to business activities that are profit-making or aim to be profit-making, carried out by business associations of various types, that the Bank may be interested in providing financial assistance to.
- Asked by: Jackie Baillie, MSP for Dumbarton, Scottish Labour
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Date lodged: Wednesday, 15 May 2019
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Current Status:
Answered by Derek Mackay on 29 May 2019
To ask the Scottish Government how the proposed Scottish National Investment Bank will assess societal value in its lending and investment.
Answer
In addition to traditional measures of financial performance, the Bank will measure societal value through a range of indicators, aligned to the National Performance Framework, covering the economic, social and environmental impact of its activity.