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 103 contributions
Finance and Public Administration Committee [Draft]
Meeting date: 11 November 2026
Liam Kerr
The UK budget provides additional business rates relief for hospitality and retail businesses in England, which will generate Barnett consequentials of £37 million and £60 million, respectively. Does the OBR’s economic forecast make any assumption about the Scottish Government using those consequentials to introduce an equivalent business rates relief? Does it take account of the possibility that, if the Scottish Government does not introduce an equivalent relief, Scotland’s hospitality and retail businesses might face a higher relative tax burden than their competitors in England?
Finance and Public Administration Committee [Draft]
Meeting date: 11 November 2026
Liam Kerr
That is a straight answer. It is an interesting answer, because one would have thought that, in preparing its forecasts, the OBR would make projections about what the outcome would be if, in response to an injection of £97 million, the Scottish Government did X, and what the outcome would be if it chose not to do X. Therefore, I am quite surprised by your answer.
Finance and Public Administration Committee [Draft]
Meeting date: 11 November 2026
Liam Kerr
I understand. I am grateful for your answers.
Finance and Public Administration Committee [Draft]
Meeting date: 11 November 2026
Liam Kerr
I am grateful for that response.
Finance and Public Administration Committee [Draft]
Meeting date: 11 November 2026
Liam Kerr
I am very grateful for those answers.
Finance and Public Administration Committee [Draft]
Meeting date: 11 November 2026
Liam Kerr
Callum Bridge-Adams, you talked in your remarks to Pauline Stafford about oil and gas, so I would like to explore that quickly. The OBR forecasts that UK oil and gas production will decline by around 10 per cent a year to 2031. However, you go on to say that that is 14 per cent if no new fields are developed. Which new field developments are included in your forecast? Do you have commencement dates for those fields? In particular, what assumptions have you made around Rosebank, given that regulatory consent for that field remains outstanding?
Finance and Public Administration Committee [Draft]
Meeting date: 11 November 2026
Liam Kerr
I want to press you on that second point. The revenues this year are projected to be £5.1 billion, and that is forecast to go down to £300 million by 2030-31. To what extent is that decline attributable to the decline in production, to what extent is it attributable to the changes in the forecast oil and gas prices and to what extent is it attributable to the anticipated expiry of the energy profits levy?
Finance and Public Administration Committee [Draft]
Meeting date: 11 November 2026
Liam Kerr
My question follows on from Angela Ross’s questions. The Scottish Fiscal Commission has identified a tax base performance gap of £800 million in 2026-27 and suggests that there are several explanations for that, including slower growth in earnings and employment compared to the rest of the UK. I believe that the OBR has done some pretty detailed work on the differences in income tax performance between Scotland and the rest of the UK. Has the OBR analysed to what extent the underperformance reflects structural differences in the Scottish economy, such as its industrial composition and its relatively large public sector, and how much is it to do with behavioural responses to different income tax bands and rates?
Finance and Public Administration Committee [Draft]
Meeting date: 28 October 2026
Liam Kerr
Thank you, convener.
Finance and Public Administration Committee [Draft]
Meeting date: 28 October 2026
Liam Kerr
I am aware of that. Let me press you. How much of the ScotWind pot has not been formally allocated? How much remains? If you wish, I could tell you what I think the figure is, but I am happy to be told.