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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 April 2025
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Displaying 702 contributions

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Economy and Fair Work Committee

Fair Work Convention

Meeting date: 2 October 2024

Gordon MacDonald

Exactly.

Economy and Fair Work Committee

Fair Work Convention

Meeting date: 2 October 2024

Gordon MacDonald

You do not have the trends for the comparable countries.

Economy and Fair Work Committee

Fair Work Convention

Meeting date: 2 October 2024

Gordon MacDonald

Okay. That is interesting, though, and might make my second question a bit awkward.

On the heat map you indicate Scotland’s positive performance in three areas. It is in second place for lower youth employment rate, second place for respect for workers in work ill-health, and first place for higher levels of permanent employment. Why is Scotland doing so well in those areas but not in others?

Health, Social Care and Sport Committee

Interests

Meeting date: 1 October 2024

Gordon MacDonald

The only interest that I have to declare is that my wife is a district nurse with NHS Lothian.

Economy and Fair Work Committee

Pre-budget Scrutiny 2025-26

Meeting date: 25 September 2024

Gordon MacDonald

Absolutely.

Economy and Fair Work Committee

Pre-budget Scrutiny 2025-26

Meeting date: 25 September 2024

Gordon MacDonald

I will ask a similar question of Al Denholm. You said earlier that your investment income exceeded operational expenses by roughly £3 million. You had a big loss from Circularity Scotland, however, and we know the reasons for that. How would you be able to cope with losses such as that in the future and has your risk appetite changed in any way?

Economy and Fair Work Committee

Pre-budget Scrutiny 2025-26

Meeting date: 25 September 2024

Gordon MacDonald

Al Denholm, you have spoken a lot about many of the projects being multiyear. If you are to honour the commitments that you have given to those companies for their investment profile, what impact will that have on new projects and on the leverage that you have to get private capital to invest in a project?

Economy and Fair Work Committee

Pre-budget Scrutiny 2025-26

Meeting date: 25 September 2024

Gordon MacDonald

Before I ask my questions, I thank the Scottish National Investment Bank for the investment in Lost Shore, Scotland’s only surf resort, which will open in my constituency in a few weeks, I hope—not that I will be on the water. [Laughter.]

I want to ask about financial transactions funding. The Scottish Government’s overall financial transaction funding has been cut by 62 per cent, or around £350 million, compared to 2002-23. We know that the Scottish Government has virtually no borrowing powers, so it is in a bit of a straitjacket. We have seen financial transactions funding being cut year on year to its current low level. If it continues to be cut, what impact will that have on your organisations?

Economy and Fair Work Committee

Pre-budget Scrutiny 2025-26

Meeting date: 25 September 2024

Gordon MacDonald

Adrian, you mentioned that the cuts change your attitude towards investment and so on. What is the change in your appetite to risk? If your budget continues to be cut, because of cuts in financial transactions funding, what impact will that have in relation to losses, since there will be the occasional loss from investment from time to time? Do the cuts affect your attitude to risk and does your knowing that your budget is being cut mean that you then have to reassess a lot of potential investments?

Economy and Fair Work Committee

Pre-budget Scrutiny 2025-26

Meeting date: 25 September 2024

Gordon MacDonald

Thanks very much.