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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 5 April 2025
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Displaying 1489 contributions

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Education, Children and Young People Committee

Artificial Intelligence and Education

Meeting date: 13 December 2023

Michelle Thomson

I agree with you, and you have neatly led on to my final question. How on earth do we begin to tackle the challenge? I am mindful that, as parliamentarians, we need to support the education sector to keep up with the pace of change, which is startling and almost unfathomable at this point.

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

That leads me on to my next area of questioning, which will apply to you all and is about renewables. I thought that £960 million for the green industries growth accelerator was a relatively low amount. I recall what Richard Hughes said about how we got slightly ahead of the curve, but there is significant competition for investment and the UK has to compete globally.

I saw the £960 million as a signal. Given the wider fiscal environment, and given that companies are faced with a choice and can invest in other locations, that changes the risk profile of the UK, because of appetite and ability in a longer-run environment. I would appreciate your thoughts about that as well.

10:45  

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

Would you not therefore have expected to see incentives to encourage investment in AI, rather than the investment in plant and machinery that we spoke about earlier?

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

That long-range looking back and the figures that you have set out are very helpful. I was not entirely clear from the autumn statement what the significant trigger factors would be that would make the change from what you have set out as the position over the past 15 years. In fairness, some of that is because of the lack of flexibility for all the areas that we have discussed, such as debt servicing and so on. Correct me if I am wrong and being somewhat pessimistic.

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

I appreciate that talking about technology can be very complex, but what consideration are you giving to the impact that artificial intelligence might have on productivity? I understand that any answer will, in essence, be wrong, but what is your thinking? That is one area that could have an impact.

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

Good morning. This has been fascinating. I will pick up on a couple of points and bottom them out. Professor Miles, we talked about productivity earlier, and you suggested that your forecast may be on the optimistic side. The freezing of public sector capital expenditure is obviously a fall in real terms. Will that have an impact? Logically, it would. Therefore, what is your feeling about how this continual limitation in capital expenditure will ultimately affect productivity? Will you flesh that out a bit more?

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

My last question concerns Brexit, which I know you have baked into numbers generally. For a period of time, it was difficult to disaggregate the data, given what was happening with wider geopolitical issues such as the energy crisis. My guess is that it is only the longer-run forecasts and the evidence therein that will start to show, or at least allow us to apportion some data to, the impact of Brexit. Am I right or wrong in that?

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

Thank you.

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

Good morning. I have just one question, which is related to inflation and, therefore, debt payments on PPI-type models. I have not heard a lot of talk about that. Obviously, various public sector bodies have seen massive increases in their repayments. Although we can take a view on what the OBR predicts about future inflation, I imagine that it will need to be considerably more cautious, in that when inflation goes down, it goes down. There is a clear link. Can you give me some more guidance on that? Also, what behavioural impacts—if any—will there be for finance executives in public sector organisations who are managing those greatly increased PPI payments?

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

Michelle Thomson

It sounds as though, collectively, we do not know a great deal about the data and the impact of it. It strikes me as quite interesting that, if we are looking at the longer-term trajectory, even though we all assume that inflation will come down—which I think is correct—we also agree that it will not come down to the historically low levels that we previously had. It strikes me that it would be interesting to work through the impact of that on a variety of public sector organisations. I realise that I do not know about the issue, so perhaps it is heartening that you do not, either—I do not know. Anyway, thank you.