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 214 contributions
Public Audit Committee [Draft]
Meeting date: 1 October 2026
Alan Brown
Thanks.
Public Audit Committee [Draft]
Meeting date: 1 October 2026
Alan Brown
I will pick up on what the convener asked about in relation to the cap and whether it was set at the right amount. In the report, you confirm that there is no secondary trading market. If companies were able to buy cheaply and make a quick buck by selling on, they would have done that, but there has been no evidence of that taking place. That is referenced in paragraphs 47 and 48 of the report.
Public Audit Committee [Draft]
Meeting date: 1 October 2026
Alan Brown
You said that you are concerned that a potential fine of £250,000 might not be enough of a deterrent. At what level should it be set?
Finance and Public Administration Committee [Draft]
Meeting date: 30 September 2026
Alan Brown
To go back to income tax collection and the way that the fiscal framework works, you are saying, in effect, that Scotland is measured against recovery rates in the south-east of England, which makes things much more difficult. We heard that the Welsh system is different. Do you want to see changes to that aspect as part of the review?
Finance and Public Administration Committee [Draft]
Meeting date: 30 September 2026
Alan Brown
Good morning. I will return to the fiscal framework. At the start, the convener outlined the £720 million negative reconciliation for income tax, which actually exceeds the allowable borrowing limit in the fiscal reserve. I take it that that means, in effect, that the Scottish Government has to find an additional £100-odd million of in-year savings because of the cap on the reserve.
Finance and Public Administration Committee [Draft]
Meeting date: 30 September 2026
Alan Brown
Do you expect that to be resolved in a more favourable manner as part of the review?
Finance and Public Administration Committee [Draft]
Meeting date: 30 September 2026
Alan Brown
You only find out on the day of the budget. You write to the Treasury and have some asks, but you only find out on the day of the budget.
Finance and Public Administration Committee [Draft]
Meeting date: 30 September 2026
Alan Brown
Turning to capital spend, there are, again, strict limits on capital borrowing. There is a maximum of £3 billion, and around £450 million in any one year. Have those limits ever been uprated, even to allow for construction inflation? We know that construction inflation has been running way ahead of normal inflation.
Finance and Public Administration Committee [Draft]
Meeting date: 30 September 2026
Alan Brown
I think that the allowable borrowing is £600-odd million. In round figures, that would be 1 per cent of the budget or something like that. The Scottish Government is not allowed to overspend by a penny, and the allowable margin through in-year borrowing is 1 per cent.
Finance and Public Administration Committee [Draft]
Meeting date: 30 September 2026
Alan Brown
Sticking with the fiscal reserve, there is a limit on the size of that. Am I correct in thinking that that works both ways, so the Government cannot, in effect, build up a surplus? If it outperforms—there may be in-year changes through the Barnett formula, or underspend—that should not, cumulatively, exceed the reserve at the end of the year.