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The UK Shipbuilding Credit Guarantee Scheme provides a partial guarantee to a lender making a loan to a ship-buyer or operator, so that new vessels, or refits, retrofits or repairs of existing vessels can be procured from UK shipyards. This type of finance guarantee is not required where the Scottish Government or its agencies are the buyer/funder. As the Scottish Government, through Transport Scotland, is the funder of CMAL vessels projects, the scheme does not benefit these kinds of contracts. The scheme may be applicable to commercial clients or funders looking to build or refit vessels at the Ferguson Marine Port Glasgow yard.

There has been no ministerial engagement with BAE Systems regarding any potential reacquisition of Spirit Aerosystems at Prestwick.

The Scottish Government has been made aware of the ongoing commercial reacquisition of Spirit Aerosystems by The Boeing Company and remains open to engagement with all parties as the commercial process develops.

The Scottish Government has been made aware of the ongoing commercial acquisition of Spirit Aerosystems by The Boeing Company, including the agreement Airbus has entered into in relation to a potential acquisition of some activities currently performed for Airbus.

Maximising incomes and ensuring everyone can access social security entitlements are fundamental priorities for the Scottish Government. In 2024-25 we plan to invest over £12 million in income maximisation and welfare advice services – including nearly £4.6 million for Citizens Advice Scotland’s Money Talk Team service, which last year helped over 9,000 older people secure financial gains of over £7 million.

Improving uptake to Pension Credit is important to this, given the DWP estimates from October 2023 that an estimated £1.7bn is unclaimed, made even more critical now, given the UK Government’s announcement to end universal Winter Fuel Payments and to restrict those in receipt of Pension Credit and means-tested benefits only.

The Scottish Growth Scheme (SGS) supports the growth and export plans of SMEs. It has been delivered through a series of financial instruments the latest of which are the 5 debt and equity funds delivered by publicly procured fund managers who invest in Scotland’s most ambitious SMEs.

The current 5 SGS funds have £97 million in funds under management, 77% of which had been invested by December 2023 providing £75 million alongside £205 million from private sector investors so that 621 businesses received £280 million to finance their growth and exporting ambitions, creating 1,585 jobs to date. It is expected that the remaining £22 million to be invested by SGS fund managers will yield similar results.

We have confirmed that at present, there is no available budget to recapitalise Business Loans Scotland and UMi Debt Finance Scotland, 2 of the debt fund managers operating under the SGS.DSL Business Finance concluded microfinance lending in August 2021 as British Business Bank expanded the eligibility criteria for their microfinance scheme. Foresight is managing a portfolio of SGS investments and has successfully raised a new equity fund from private sector investors. There are ongoing discussions regarding the recapitalisation of Techstart who invest in young, innovative start-ups.

Staff rotas and timetabling planning are operational matters for ScotRail. After coming into public ownership ScotRail was required to increase the number of Train Drivers to a level which would facilitate a reduction to reliance on staff working rest days and overtime.

The Scottish Government has funded the subsidy required to cover the net cost of ScotRail’s operations, including staffing.

ScotRail informs that its planning to recruit 160 train drivers each year from 2024-25 going forward.

ScotRail has been recruiting more staff to minimise reliance on staff working on rest days or overtime. ScotRail now employs 250 more train drivers than it did prior to public sector ownership. In addition, 160 Train Drivers are currently being recruited, the highest number ever, and ScotRail plans to continue its recruitment for Train Drivers in the coming years.

All ScotRail staffing costs including the funding for the planned recruitment are reflected in the current Transport Scotland rail budget for the financial year‎ 2024-2025.

I am advised that while it is too early to say how Clyde Metro will impact on the rail network, the Clyde Metro project team, led by Strathclyde Partnership for Transport, has been engaging with ScotRail and Network Rail as part of the early work on the on-going Case for Investment stage. This engagement will continue throughout this key stage, which will define the Clyde Metro network.

The Scottish Government currently has no plans to introduce a HGV overtaking ban on either of the two lane sections of the M8 motorway.

The Scottish National Investment Bank is guided by the missions set for it by Scottish Ministers but it is operationally independent and makes investment decisions in line with its own investment processes and strategy.

The Bank’s investments are also designed to fill gaps in the supply of capital available to businesses and at the same time to crowd in private capital to create a thriving ecosystem of investors active in Scotland.