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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 20 December 2025
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Displaying 4037 contributions

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Finance and Public Administration Committee

Budget Scrutiny 2022-23

Meeting date: 1 February 2022

Kenneth Gibson

That was going to be my final point. During the stage 1 debate, Jackie Baillie said, with regard to her party’s asks:

“We have done the costings and the cabinet secretary knows them. I shared them with her last year and we have shared them with her again this year.”

Those proposals have not been widely shared. I certainly have not seen them. Have they been shared? Did you see those costings?

Finance and Public Administration Committee

Budget (Scotland) Bill: Stage 2

Meeting date: 1 February 2022

Kenneth Gibson

Agenda item 2 is consideration of the Budget (Scotland) Bill at stage 2. We are joined for this item, again, by the Cabinet Secretary for Finance and the Economy. Her officials remain present for this session but are unable to participate in formal stage 2 proceedings. Members will be aware that three amendments have been lodged. They should have before them the groupings and the marshalled list, which were circulated directly by the legislation team.

Section 1 agreed to.

Schedule 1—The Scottish Administration

Finance and Public Administration Committee

Budget (Scotland) Bill: Stage 2

Meeting date: 1 February 2022

Kenneth Gibson

That ends stage 2 consideration of the bill. Again, I thank the cabinet secretary for her involvement this morning and for answering our questions earlier.

Meeting closed at 12:07.  

Finance and Public Administration Committee

Budget Scrutiny 2022-23

Meeting date: 1 February 2022

Kenneth Gibson

Thank you. The next question is from Daniel Johnson.

Finance and Public Administration Committee

Budget Scrutiny 2022-23

Meeting date: 1 February 2022

Kenneth Gibson

To a large extent, the issue makes the argument for multiyear funding and multiyear budgeting, too.

You talked about the fiscal framework. On the independent report and review, your letter of 29 January says:

“Scottish Government and UK Treasury officials continue to work closely to finalise the details for commissioning the report, including on the terms of reference and authorship for the report.”

When do you expect that to be concluded?

Finance and Public Administration Committee

Budget Scrutiny 2022-23

Meeting date: 1 February 2022

Kenneth Gibson

Some sectors that were doing badly only a few weeks ago are almost booming now, but the difficulty is that a lot of debt has been accrued and some businesses have had to shed staff, for example. Businesses need to replace their reserves, as much as anything else.

10:15  

I will move on to the specifics of the committee’s report. I refer you to paragraphs 45 and 46. In paragraph 45, we state that the Scottish Government assumes

“that it will receive £620 million in additional sources of income for the resource budget”.

You have talked about that in detail. However, one of the things that you mentioned—it was touched on during last week’s budget debate—was the ScotWind resource. As you will recall, the Cabinet Secretary for Net Zero, Energy and Transport updated Parliament on ScotWind on 18 January. He said that that resource would

“deliver around £700 million in revenues to the public purse for the initial awards alone.”

He went on to say:

“In addition to those revenues, ScotWind promises to deliver billions more in rental revenues once projects become operational.”—[Official Report, 18 January 2022; c 36.]

We would like to pin down how much money that will bring in and over what timescale, as “billions” is an amorphous amount of money—it could mean £2 billion or £20 billion. How much is the Scottish Government expecting to accrue from ScotWind, and over what period? Will that feature in our budget in the next financial year, or will it be some time before that has an impact on our budgeting?

Finance and Public Administration Committee

Budget Scrutiny 2022-23

Meeting date: 1 February 2022

Kenneth Gibson

In your response to paragraphs 83 and 84 of the committee’s report, which are on income tax policy, you said:

“It is clear from the SFC’s latest forecasts that wider economic factors continue to affect Income Tax receipts”.

However, you have not really outlined those factors. Can you give us a couple of examples?

Finance and Public Administration Committee

Budget Scrutiny 2022-23

Meeting date: 1 February 2022

Kenneth Gibson

Jackie Baillie says that she shared them again this year.

Finance and Public Administration Committee

Budget Scrutiny 2022-23

Meeting date: 1 February 2022

Kenneth Gibson

Daniel Johnson wants to come back in on that.

Finance and Public Administration Committee

Budget (Scotland) Bill: Stage 2

Meeting date: 1 February 2022

Kenneth Gibson

Amendment 1, in the name of the cabinet secretary, is grouped with amendments 2 and 3.