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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.  

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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 4 May 2021
  6. Current session: 13 May 2021 to 14 October 2025
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Displaying 2676 contributions

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Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

Oh, it is—I beg your pardon.

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

How does that square with our earlier discussion?

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

You do not think that you would have.

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

But that is because of the business environment, is it not? There are developments on brownfield sites happening across the UK.

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

But the problem is that the business environment is not right for the private investors; that is what you are saying.

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

All right. I want to circle back to what you said about the restrictions from HM Treasury on NDPBs—non-departmental public bodies; it is sometimes easier to say the actual name than it is the initials—which was interesting. You mentioned the working group that HMT has invited you to be involved in. Who else is on the group, what is its remit and what is the expectation regarding an outcome from its work?

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

It is about getting past the Treasury rules, in effect.

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

Development banks are on the balance sheet. That is the problem, is it not?

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

Is there an international model that we can draw on? The Germans, for example, have mastered this, have they not? Can we learn something from the Germans about how to have a national investment bank?

Economy and Fair Work Committee [Draft]

Pre-Budget Scrutiny 2026-27

Meeting date: 24 September 2025

Stephen Kerr

You have done an impressive job of trying to convince us that having four CEOs in five years is actually a good thing.