The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 1877 contributions
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
There is an issue that I want to follow up on before I bring in Colin Beattie. You mentioned that the national insurance cut will be worth about £10,000 a year. The UK Government has sold that change by saying that it is
“committed to a low-tax, high-growth economy”
and to ensuring that businesses have
“the right conditions to drive investment, growth and productivity.”
It has stated that,
“As a result of this tax cut, businesses will have more money to invest in becoming more productive, pay higher wages, create more jobs and support the overall growth of the UK economy.”
However, it does not appear that that £10,000 will be useful for that this year.
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
We have had one statement from the Scottish Government about this year’s budget. Within the budget that the committee is responsible for scrutinising, a saving in the region of £50 million has been made in the employability line. That has been partly to fund the Scottish child payment, so it is a decision that the Government has made. In correspondence with us, it has explained that, given the high employment rate at the moment, it feels that it can take some savings out of that budget line.
Bryan Simpson, do you have a view on that? The Government is not denying that it will have an impact, but it says that the impact should be minimal, because there will still be money in the employability budget although £50 million is coming out of it. Do you have any concerns about the impact of that?
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
Are there other organisations that use that model that could be used as an example of why it is important? It is not suggested that the person has to be based in Scotland or be Scottish; what is needed is somebody who has knowledge of the Scottish circumstances.
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
You mentioned concerns about Barnett consequentials. Will you expand on those and say what assurances you are looking for?
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
I call Fiona Hyslop.
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
I call Graham Simpson.
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
I will bring in Fiona Hyslop. We now move to questions that are more focused on pre-budget scrutiny, and we will be looking for suggestions about the budget statement in October and the committee’s work in the area.
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
I have a final question on the proposed memorandum of understanding to create alignment between the UK Infrastructure Bank and the Scottish National Investment Bank. At the moment, the objectives for those two banks and institutions are quite similar. For example, they are both concerned with net zero ambitions. However, can you foresee a position where they could start to diverge and have different priorities? Is preventing that one of the purposes of having a memorandum of understanding? Why is it important to have that?
Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
Thank you. That brings our evidence session on the LCM to a close. I will suspend the meeting briefly to allow a change of witnesses.
09:54 Meeting suspended.Economy and Fair Work Committee
Meeting date: 5 October 2022
Claire Baker
Item 5 is consideration of a legislative consent memorandum?on the United Kingdom Procurement Bill. This is a UK Government bill that was introduced in the House of Lords on 11 May 2022, which changes the law on devolved matters. I welcome again Ivan McKee, Minister for Business, Trade, Tourism and Enterprise, who is joined by Julie Bain, a lawyer with the Scottish Government, and Alasdair Hamilton, procurement policy portfolio manager with the Scottish Government.
I invite the minister to make a brief statement before questions from members.