Skip to main content
Loading…

Seòmar agus comataidhean

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

Criathragan Hide all filters

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 29 August 2025
Select which types of business to include


Select level of detail in results

Displaying 1691 contributions

|

Finance and Public Administration Committee

Pre-budget Scrutiny 2022-23: Public Finances and the Impact of Covid-19

Meeting date: 7 September 2021

Michelle Thomson

I thank Joanne Walker very much for her submission, which I enjoyed greatly. However, in the interests of time, I will confine my questions to Mr Robertson. I should declare that I have an interest in some buy-to-let property and that I am an ambassador for the all-party parliamentary group on fair business banking, which is based at Westminster.

I want to gently challenge you, Mr Robertson, in relation to the discussion that came up earlier about your comment that

“our well-respected property legal system is being undermined by changes to the landlord-tenant relationship”,

which you say

“could create a barrier to much needed future investment.”

In light of the considerable uncertainty in the trading environment, surely as big a factor is access to finance for businesses and the risk appetite of lenders, be they private equity or banks. Do you accept that that is the case?

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

Good morning, everybody. It is nice to be able to reacquaint myself with some people whom I knew previously.

I was very struck by Carolyn Currie’s comment about the disaggregation of data and how important that is. However, before I move on to ask Carolyn some questions about that, I want to ask the other representatives whether they disaggregate all the sample data by women-led businesses? That question is for everyone, bar Carolyn.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

Okay—I will carry on for now then.

The responses were illuminating. In relation to the disaggregation of data, I was extraordinarily struck by the data set that Carolyn Currie provided, and by her point about people who become entrepreneurs out of necessity versus opportunistic entrepreneurs, as we might say. The former have different needs because of how they have arrived at running their own businesses.

I am particularly interested in following up on Carolyn Currie’s comment about structural issues. She has said:

“structural inequalities prevail”.

Perhaps we have a slight example of that in the point that we are routinely not gathering disaggregated data, but I am interested in hearing and understanding more about what specifically she meant by that.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

Going back to the general question about structural issues, I am sure that we will be very vexed with the issue of cause and effect throughout this session of the Parliament, but, with regard to effect, we would all agree that much more needs to be done. With regard to cause, going right back to the top, there is the fact that the law was developed by men for men, and there are issues with banking regulation and with artificial intelligence embedding some of that thinking, and so on. Given that, my question to all of you is: rather than women-designed programmes, to what extent have you looked specifically at the nature of the business environment—which, post Covid, presents us all with an opportunity—as though it were entirely led by women as a way of bringing out data? Are you planning on doing any further research? Have you undertaken any research post Covid, in the light of Carolyn Currie’s data?

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

I want to talk briefly about debt in small businesses, which has been talked about frequently—indeed, it was mentioned in many of the submissions. What is your sense of the debt burden for small businesses, and what are your thoughts about how they can be supported in dealing with that?

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

I realise that it is a slightly different question for Dave Moxham.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

That is what I was alluding to earlier in respect of endemic structural issues in our financial system.

I am keen to ensure that, before we finish, everyone has the chance to put on the record their findings about debt. However, I am aware of the time, so you should be brief before the convener calls me to order.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

I will carry on with that in a moment, but I understand that Dave Moxham wants to come in.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

I am sorry to interrupt you, Charandeep, but I am asking whether you disaggregate all data in all of your surveys.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Michelle Thomson

I want to pick up on that before I go to Charandeep Singh. I am aware of the time. Given your experience and background, and in light of what you have said about the nature of women’s businesses, to what extent does the structural management of debt exclude gender considerations in how banking is currently run?