Meeting of the Parliament (Hybrid) 24 March 2021
My officials and I were closely involved in detailed work when we renegotiated the original plan that was approved by the Finance and Constitution Committee, in order to alter the business plan and move away from the model that was reliant on the automotive sector, for reasons that I described earlier, towards more profitable opportunities. We also had professional advice on those plans before we ascribed our approval thereto. We had lengthy discussions and negotiations, which are subject to commercial confidentiality, about the basis of the alterations to the plans and we informed the Finance and Constitution Committee of all that work.