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 3402 contributions
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
That is right.
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
Michelle Thomson used the phrase
“We focus on what we measure”.
That should be enshrined above every doorway in every office of Government and probably every organisation. In the spirit of that, I will give you a softball first question, Deputy First Minister.
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
Yes. I will build up to something more.
We are just days away from Scotland’s global investment summit. In the spirit of Michelle Thomson’s reminder, what are we focused on and what deliverables can we expect from a Scottish Government perspective?
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
With regard to an immediate return, there may be a lot of good relationships and networking, but what about down the line? Are you expecting tens of millions of pounds, or hundreds of millions?
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
To the bigger numbers—okay.
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
It is a big moment for the Scottish economy.
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
I think that it is roughly £1 billion a year.
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
I want to come on to that, because we are spending roughly £1 billion a year, say, in that area. We may agree—I think that we kind of do—that productivity is the most important driver, but we have not seen, over the past 10 years and perhaps even longer, any remarkable improvement there. We see some economies around the world where there are tremendous leaps forward in national productivity but, in Scotland, although there is a little bit of improvement, we have not really covered ourselves in glory in that respect.
I want to ask you specifically, in relation to that, about the number of businesses that we have in Scotland. Over the past five years, the number of businesses in Scotland has actually fallen, by about 5 per cent. What do you put that down to?
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
I am looking at it over a decade, which I think is a realistic purview of those sorts of statistics and dynamics.
Economy and Fair Work Committee
Meeting date: 1 October 2025
Stephen Kerr
There are about 100 companies that drive things.