Committee
Economy and Fair Work Committee 15 September 2021
15 Sep 2021 · S6 · Economy and Fair Work Committee
Item of business
Economic Recovery
I appreciate that it is very complex for you. I am conscious of time, so I will move on. My next questions are for both organisations, although I suggest that Adrian Gillespie might want to come in for Scottish Enterprise. We had quite alarming stats presented to us from Women’s Enterprise Scotland, and I have a couple of questions off the back of that. The first one is incidental and a result of my also sitting on the Finance and Public Administration Committee. I was quite shocked to hear that only 1 per cent of private equity investment goes on women-led businesses, meaning that, obviously, 99 per cent goes on male-led businesses. Adrian Gillespie and Malcolm Roughead, do you routinely disaggregate your data by gender, and do you therefore interrogate that data to map out what your territory looks like in business support or business investment? On the back of that, we have had commentary that the ability of women-owned businesses to access enterprise agency support has been harder because they tend to operate in areas—the beauty sector, for example—that are not necessarily the focus for growth. I would like a bit of commentary on that. Do you routinely disaggregate data? If so, do you then interrogate it? Adrian Gillespie, perhaps you would like to go first. 10:30
In the same item of business
The Convener
Lab
Our main public item of business this morning is an evidence session on support for economic recovery. I thank our first panel of witnesses for joining us to...
Douglas Colquhoun (Scottish Enterprise)
Yes, there are always lessons to be learned in a situation like that which we faced last year, but the criticism is a little bit unfair. Last year, we delive...
The Convener
Lab
Audit Scotland published a report this morning. I appreciate you have possibly not had a chance to be made aware of it, but Stephen Boyle was on the radio ta...
Malcolm Roughead (VisitScotland)
I think that we benefited from coming late to the process for delivery of the funds. Certainly from our perspective, because the process was bespoke for the ...
The Convener
Lab
Adrian Gillespie is back online. I will give him a chance to contribute as he has managed to join the meeting. I understand that he had connectivity issues.
Adrian Gillespie (Scottish Enterprise)
Good morning.
The Convener
Lab
The question was about Audit Scotland’s comments this morning about transparency within the delivery of Covid funding, and I am asking whether you are confid...
Adrian Gillespie
I thank you, and I offer my apologies for missing the beginning of the meeting. I met the convener of our audit committee and he told me about the scrutiny t...
The Convener
Lab
Can you briefly respond to the comments we had from the FSB and Scottish Chambers of Commerce, who raised concerns about continuing complexity around the fun...
Adrian Gillespie
Yes; I caught the beginning of that just before I lost connectivity. Obviously I was disappointed to read that. I am new in post and will be engaging very br...
The Convener
Lab
Thank you. I will now hand over to Jamie Halcro Johnston.
Jamie Halcro Johnston (Highlands and Islands) (Con)
Con
We have heard today that Scottish Enterprise continues to deliver growth, but throughout the pandemic there has been a focus on supporting existing businesse...
Adrian Gillespie
We will have to do that as a team with the other agencies by being very close to companies, and by being agile through the whole process. Some parts of the ...
Malcolm Roughead
We are in a hybrid situation in which some businesses have been unable to trade at all, some have had limited trading, and, happily, some are seeing green sh...
Jamie Halcro Johnston
Con
You said that the agencies have had to do things differently. How much are you having to focus on supporting businesses to do things differently to the way i...
Malcolm Roughead
You are absolutely right; the industry has been behind the curve in terms of digital capability and competitiveness but, over the past 18 months, we have had...
The Convener
Lab
Thank you. We need to make some progress so I am going to hand over to Michelle Thomson for the next questions.
Michelle Thomson (Falkirk East) (SNP)
SNP
First, I will take us back a bit and explore budget positions. You have submitted written information, so I want to keep this snappy. I am interested in gett...
Douglas Colquhoun
On the current year position, as we set out in our submission, we established a business plan budget of just over £404 million. The figure increased marginal...
Michelle Thomson
SNP
Okay. You have given a lot of very clear data—thank you for that. I want to establish what your confidence level is for your future projections in the light ...
Douglas Colquhoun
In terms of next year—2022-23—we received a five-year capital budget allocation for last year and this year. That has reset our capital budget at £80 million...
Michelle Thomson
SNP
Yes, it does—thank you. I appreciate that Malcolm Roughead, given his role, might want to take it up a level. Please give me a sense of your current budget...
Malcolm Roughead
We look at quarterly reforecasts based on the intelligence that we are getting from the market. Obviously, our case is slightly different from Scottish Enter...
Michelle Thomson
SNP
I appreciate that it is very complex for you. I am conscious of time, so I will move on. My next questions are for both organisations, although I suggest th...
Adrian Gillespie
Yes, we monitor that closely. Carolyn Currie has sent me the data that you saw and we will engage closely with her. You are absolutely right—more needs to ...
Michelle Thomson
SNP
Thank you. Malcolm Roughead, would you like to come in at this point?
Malcolm Roughead
It is slightly difficult for us because there is no compulsory registration of businesses. If you think about the make up of the tourism industry with its be...
The Convener
Lab
Thank you, Michelle. We will now move to Colin Beattie. I remind members that we have a busy agenda this morning, so it would be helpful if questions and ans...
Colin Beattie (Midlothian North and Musselburgh) (SNP)
SNP
There are a couple of areas in which I would like to ask questions. The first question is for Malcolm Roughead. Can you provide an update as to where we are ...
Malcolm Roughead
I will take the second part of that question first. Phase 2 proposals have been submitted to the Scottish Government, so we await the response to that. Phas...