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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 10 November 2025
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Displaying 1699 contributions

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Economy and Fair Work Committee

Business Investment

Meeting date: 21 December 2022

Claire Baker

I thank all the witnesses this morning for their helpful contribution to the committee’s work going into the new year.

11:30 Meeting continued in private until 11:40.  

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 21 December 2022

Claire Baker

The committee will produce a short report, which will be published. I thank the minister and his officials for joining us. I briefly suspend the meeting to allow the next panel of witnesses to join us online.

09:43 Meeting suspended.  

09:45 On resuming—  

Economy and Fair Work Committee

Business Investment

Meeting date: 21 December 2022

Claire Baker

Our next item of business is an evidence session on the outlook for business investment. I welcome to the meeting Carolyn Currie, who is chief executive of Women’s Enterprise Scotland; Stacey Dingwall, who is head of policy at the Federation of Small Businesses in Scotland; Fergus Mutch, who is a policy adviser at the Scottish Chambers of Commerce; and Clare Reid, who is director of policy and public affairs at the Scottish Council for Development and Industry.

I ask members and witnesses to keep their questions and answers concise so that we can get through as much as possible. To start, I am interested in hearing the witnesses’ views on current economic circumstances and the impact of the budget in Scotland that was announced last week. I know that we have not had long to digest the announcement, but I would like to hear your broader views on the budget.

Other members will come to issues around non-domestic rates and other practical issues that were addressed in the budget, but I am interested to know whether you think that it sets a positive context for investment and growth.

I come to Carolyn Currie first. I will give every witness a chance to speak before I move to other questions.

Economy and Fair Work Committee

Decision on Taking Business in Private

Meeting date: 21 December 2022

Claire Baker

Good morning, and welcome to the 31st meeting in 2022 of the Economy and Fair Work Committee. Our first item of business is to make a decision on whether to take item 5 in private. Are members content to take that item in private?

Members indicated agreement.

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 21 December 2022

Claire Baker

The next item of business is evidence on the draft Bankruptcy and Debt Arrangement Scheme (Miscellaneous Amendment) Scotland Regulations 2023. I refer members to papers 1 and 2, and welcome to the meeting Tom Arthur, who is the Minister for Public Finance, Planning and Community Wealth. He is joined from the Scottish Government by Suzanne Houston, solicitor, and Alex Reid, who is head of policy development.

I invite the minister to make a short opening statement.

Economy and Fair Work Committee

Scotland’s Economic Outlook

Meeting date: 14 December 2022

Claire Baker

We have high employment, but quite a lot of people are in low-wage employment, are living on the breadline and are requiring greater support from the Government. Obviously, it sounds positive when we say that we have high employment rates, but a significant number of people are not earning enough money to keep their families, pay their mortgages and put food on the table. What kind of changes do we need to make in the economy? That is a huge question.

Economy and Fair Work Committee

Scotland’s Economic Outlook

Meeting date: 14 December 2022

Claire Baker

I will go back to Professor Chadha for my final question. Do you have any comments to make on employment and where employment levels might be next year?

Economy and Fair Work Committee

Scotland’s Economic Outlook

Meeting date: 14 December 2022

Claire Baker

I will change the order and bring in Gordon MacDonald, but Michelle Thompson has a supplementary. Could you direct it to one of the panellists, please?

Economy and Fair Work Committee

Scotland’s Economic Outlook

Meeting date: 14 December 2022

Claire Baker

I thank all three witnesses. That was not the cheeriest note to end on, but it has been a productive session. We appreciate the time that you have given us, which will help to inform our work in the coming weeks.

I move the meeting into private session.

10:40 Meeting continued in private until 11:29.  

 

Economy and Fair Work Committee

Scotland’s Economic Outlook

Meeting date: 14 December 2022

Claire Baker

I will come to Susan Murray and change direction to talk about the impact that inflation is having on employment. Figures out today show that Scotland has really high employment, and I have also seen figures that show that women’s employment is higher than it has been for quite a long time. The labour market is therefore buoyant, but it is also tight.

The papers also seem to suggest that unemployment is starting to creep up. There are concerns that the labour market is tight but that businesses are under so many cost pressures that, even in areas where the labour market is quite buoyant, businesses will start to contract because of other pressures in the economy, and that could lead us to more unemployment. Could you do some forecasting around what we can expect to see in employment next year?