Cathcart MSP James Dornan has today welcomed news that Glasgow City Council are investigating ways of using the Strathclyde Pension Fund to boost employment in the city.

Following a Parliamentary Question asking what discussions the government have had with the council on employment issues, The Scottish Government said that positive discussions had already taken place on the viability of the idea.

Glasgow City Council are currently carrying out their own investigations in to this.

Commenting, Mr Dornan said:

“Employment is a huge issue right across the city and I’m delighted to see The Scottish Government and Glasgow City Council working together to come up with new and innovative ways to use their assets to create jobs.

“I have written to Councillor Gordon Matheson asking how this investigation is going, and if they have any initial ideas on how they might use these resources for the benefit of the people of Glasgow.”


# RaboRuglen 2012-06-08 10:19
Hi there,

Oh dear, oh dear, oh dear! Given Glasgow's record of chronic financial and business mismanagement I foresee no new jobs, depleted pension fund and lots and lots of Labour's friends being much, much better-off.

Scottish Government - don't touch this with a barge poll, unless you are prepared to micro-manage the whole thing yourselves.

# Fungus 2012-06-08 14:32
Oh dear God I have two pensions in that fund. Better buy a 'homeless and hungry' card for my old age.
# lowrider48 2012-06-08 18:50
Fungus, I feel exactly like you. I too, have a pension with SPF. Is it legal to use the pension's funds in this way? Having worked for Glasgow City Council I know what they're like. I wouldn't trust them with a piggy bank.
# parsonrussell 2012-06-09 19:31
They can keep their grubby hands off my pension fund. Loads of people in the SPF have no connection to GCC, so why should they raid our fund just because it's performing well?
# GerrySNP 2012-06-12 00:03
Did Mr Dornan approve of Robert Maxwell's use of the Mirror's workers Pension Fund to continue his own employment (and life-style)???

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