成人快手

Skip to main content
Loading…

Chamber and committees

Official Report: search what was said in Parliament

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

Filter your results 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 4 May 2021
  6. Current session: 13 May 2021 to 9 September 2025
Select which types of business to include


Select level of detail in results

Displaying 2904 contributions

|

Finance and Public Administration Committee

Medium-term Financial Strategy, Economic and Fiscal Forecasts and Policy Prospectus

Meeting date: 13 June 2023

John Mason

Thank you.

Finance and Public Administration Committee

Medium-term Financial Strategy, Economic and Fiscal Forecasts and Policy Prospectus

Meeting date: 13 June 2023

John Mason

Thank you, cabinet secretary. You have covered quite a lot of ground, but the committee has a lot of ground to cover, too. Each member will have about 15 minutes for questions and answers.

I will start. You mentioned the key figure of next year鈥檚 budget and the potential negative income tax reconciliation, which was, I think, 拢712 million鈥攁ctually, I think that the figure for negative tax reconciliation is 拢687 million in total. Can you explain a little more your thinking as to how you will deal with that? Can some of the money be borrowed? Where will the rest come from? We will direct our questions to you, cabinet secretary, and it will be up to you to bring in your officials.

Finance and Public Administration Committee

Medium-term Financial Strategy, Economic and Fiscal Forecasts and Policy Prospectus

Meeting date: 13 June 2023

John Mason

We accept that we cannot have a running commentary, but both our committees and the committees at Westminster need to do a certain amount of scrutinising. Can you give us any idea of timescales? I believe that the initial report has been completed, but not published, and then there is meant to be a review. Do the negotiations come after that?

09:45  

Finance and Public Administration Committee

Economic and Fiscal Forecasts and Medium-term Financial Strategy

Meeting date: 6 June 2023

John Mason

I have a final question. You said that, in future years, you do not anticipate any negative reconciliations or forecast errors after 2024-25. Why is that?

Finance and Public Administration Committee

Public Service Reform Programme

Meeting date: 6 June 2023

John Mason

Thank you. That concludes the public part of the meeting.

12:00 Meeting continued in private until 12:21.  

Finance and Public Administration Committee

Economic and Fiscal Forecasts and Medium-term Financial Strategy

Meeting date: 6 June 2023

John Mason

Thank you very much, Professor Roy. I think that we all have a number of questions. Committee members have around 13 minutes each.

You mentioned the fact that your forecasts and the OBR鈥檚 forecasts are somewhat different. You also said that there is more uncertainty than usual at this particular time. Why is there more uncertainty at this time, and why is there a difference on the divergence in earnings growth, in particular, between the Scottish Fiscal Commission and the OBR?

Finance and Public Administration Committee

Economic and Fiscal Forecasts and Medium-term Financial Strategy

Meeting date: 6 June 2023

John Mason

Traditionally, we have found it hard to match the south-east of England and London, and their earnings have tended to be higher. Therefore, it is surprising to me that we have things the other way round, in a sense, this time.

Finance and Public Administration Committee

Economic and Fiscal Forecasts and Medium-term Financial Strategy

Meeting date: 6 June 2023

John Mason

Okay. Thank you.

The big figure that was mentioned is the negative income tax reconciliation of around 拢712 million. Obviously, that has been in the media. How certain are we about that? I seem to remember that, in the past, the forecasts and the actual outturns were quite different from each other, even late on. We will just have to wait until July, I think, when we get the final figures, but is there a possibility that the figure could be very different from 拢712 million?

Finance and Public Administration Committee

Economic and Fiscal Forecasts and Medium-term Financial Strategy

Meeting date: 6 June 2023

John Mason

I congratulate the committee and the witnesses for keeping us to time鈥攚e have done quite well. Is there anything else that the witnesses wanted to touch on?

Finance and Public Administration Committee

Economic and Fiscal Forecasts and Medium-term Financial Strategy

Meeting date: 6 June 2023

John Mason

Good morning, and welcome to the 17th meeting in 2023 of the Finance and Public Administration Committee. Under agenda item 1, we will take evidence from the Scottish Fiscal Commission on its economic and fiscal forecasts from May 2023 and the medium-term financial strategy. I welcome to the meeting Professor Graeme Roy, the commission鈥檚 chair; Professor Francis Breedon, a commissioner; and John Ireland, the commission鈥檚 chief executive.

Before we move to questions, I invite Professor Roy to make an opening statement.