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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 5 May 2021
  6. Current session: 12 May 2021 to 21 June 2025
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Displaying 1169 contributions

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Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

The £191 million.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

It goes through them line by line by portfolio.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

I do not have the exact timescale in front of me, but that is why the capital has become available.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

Yes. That is identified in the supporting document.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

That is a fair question. I will touch on points that I made earlier. We have provided project development support to undertake feasibility studies and develop business cases to secure investment in future years. We will support a number of multiyear projects. In addition, we have recently established a heat network support unit to work directly with pre-capital projects to support development ahead of capital investment. The intention is that that will provide greater certainty for future years.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

We will certainly endeavour to achieve that. I have outlined the action that we are taking, but obviously we want to see those budgets being fully deployed and utilised. We have an important role to play in delivering on net zero obligations, so there is always a process of learning to ensure that we maximise awareness and uptake. It is also important to recognise that, beyond making money available and Government efforts to increase awareness and uptake, prevailing economic conditions can and do have an impact, whether they be inflationary pressures, supply chain issues or skills shortages, which all Governments are wrestling with.

I assure the committee that we are absolutely determined and are focused on ensuring that we meet our net zero obligations. I am happy to reflect on the points that the member has raised.

11:00  

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

I acknowledge that there was interest in that budget line on 7 September, when the EBR statement was made. A number of factors are at play. One is what demand has been. We must also go back to the two key principles that underpin the EBR exercise—much of which is reflected in the ABR—which are to ensure that we balance our budget in-year and, where possible, that we redirect support to respond to the immediate cost crisis that individuals and households face. That has necessitated decisions about how we should reprioritise certain budget lines. That has been reflected throughout the EBR and the ABR.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

I am happy to take that away, convener, and to see what we can do in that area. Indeed, if there is anything, more broadly, that the committee would like to discuss on the content of the paper, I am happy to do so. I want to ensure that we provide as much information as possible and in as timely a manner as possible.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

There is much in the engagement with the UK Government that causes uncertainty around our public finances, as I am sure that you will appreciate. I will draw your attention to paragraph 71, which says:

“Whilst this is a complicated picture, the full “Other Income” funding assumptions have been met, and surpassed by £324 million when the borrowing cost adjustment is reflected in full.”

I hope that that provides more clarity.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 22 November 2022

Tom Arthur

Certainly. As I outlined in my statement, the overwhelming majority of the £106 million is to ensure compliance with IFRS 16, but, given that it is a technical matter regarding accounting charges, I will ask Niall Caldwell whether he wants to offer any further comment.