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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 5 May 2021
  6. Current session: 12 May 2021 to 10 August 2025
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Displaying 1071 contributions

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Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

I do not think that it would be fair to say that they are doing less. They are prioritising the funding that they have in areas that will maximise the economic opportunities before them. As Colin Cook has set out, their ability to invest the money that they have available to them will have to be balanced with the numbers in the workforce available to them and whether the numbers that they have at present are conducive to their spending against that. These are balances to be struck and decisions to be taken by the enterprise agencies. As Mr Cook has set out, we will continue to work with them to ensure that they are doing that as efficiently as possible while also recognising the NSET priorities.

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

I think it entirely fair for an advisory board that will look at the bank’s performance to wait for the bank to be established before it can be functional. However, work is on-going to establish the advisory board that will provide additional assurance measures, beyond those that are already in place for a non-departmental public body and a public limited company, to ensure that we have confidence—which I do; I have no reason not to—in the bank’s decisions and performance.

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

That process is on-going.

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

Yes. You have rightly said that the area is a reserved competence, and the need for us to have an R100 programme at all is because there has been underinvestment by the UK Government, meaning that we will not see the digital roll-out happen as quickly as we need it to, particularly for our rural businesses. Therefore, we are making an increased commitment to meet the target and ensure that the economic growth opportunity that comes off the back of it is available to as many people as possible—not just businesses but the domestic households that will have access to it, as well.

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

The national strategy for economic transformation is a 10-year strategy for us to transform our economy so that we can take advantage of the opportunities that we have available to us. I believe that you need a good economy and a good society; the two are mutually reliant. You cannot have a good economy without a good society, so investment in public services is absolutely essential.

We will do everything that we can do to ensure that the money that has been prioritised for business, such as £685 million-worth of business rates relief and the maintenance of the small business bonus scheme, which is taking an estimated 100,000 business properties out of paying rates altogether, is the most generous in the UK. Ninety-five per cent of businesses here pay less in non-domestic rates than those elsewhere in the UK. We are looking to ensure that the decisions that we have taken in the budget are balanced and that we continue to see economic activity and economic growth opportunities coming through, balanced against the need to ensure that we protect public services so that we have a healthy workforce that supports a growing economy.

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

We are working closely with VisitScotland to ensure that we maximise what is an incredibly important aspect of our economy. The tourism sector contributes a substantial amount to our economy. International visitor numbers are up, as is international spending, and not just on the past year but on pre-Covid times. It is incredibly encouraging that people wish to visit Scotland and spend their money here, which is important for our economy.

We will work with VisitScotland on the implications of the budget and on what it is able to provide as a service to ensure that Scotland continues to be a destination of choice—not just internationally, but domestically.

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

No, the £50 million—

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

To begin with.

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

Mr Fraser mentioned the support that we give to enterprise agencies. Of course, enterprise agencies do not exist in other parts of the UK. We have an enterprise agency network in Scotland because we value the support that we can give to our business community. That is not available elsewhere in the UK.

Economy and Fair Work Committee

Budget Scrutiny 2024-25

Meeting date: 31 January 2024

Neil Gray

In short, yes. That commitment stands. It is not a single-year commitment. I fully expect, through discussions with the cluster, that that £80 million will be deployed in a way that ensures best value and the best strategic advantage for the cluster going forward. It is, however, entirely dependent and predicated on track 2 making progress. It has to be, because there cannot be CCUS without a UK Government decision. We encourage the UK Government to move much faster on that in order to ensure that we finally make up for the opportunities and promises that have been lost over the past decade or more and see the Scottish cluster advancing. We need it in Scotland for our net zero ambitions and the industrial decarbonisation of the Scottish cluster, but so does the UK. This is entirely mutually beneficial and an investment that we need to see coming forward as soon as possible. Our £80 million commitment continues to stand.