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 4778 contributions
Finance and Public Administration Committee [Draft]
Meeting date: 20 January 2026
Kenneth Gibson
We might have one or two questions for the cabinet secretary next week.
Finance and Public Administration Committee [Draft]
Meeting date: 20 January 2026
Kenneth Gibson
That is only the case if nothing changes in the next five years.
13:00
Finance and Public Administration Committee
Meeting date: 13 January 2026
Kenneth Gibson
Alex Reedijk is keen to come in.
I went to see a performance of “The Tale o’ Tam o’ Shanter” at St Mary’s primary school in Largs last year, which was supported by Scottish Opera. Not only did about 80 children participate but all the parents and grandparents turned out to see it. It was a joyous occasion.
Finance and Public Administration Committee
Meeting date: 13 January 2026
Kenneth Gibson
We will hear from you and Gavin Reid, and then Craig Hoy, Michelle Thomson and Michael Marra are all keen to come in.
Finance and Public Administration Committee
Meeting date: 13 January 2026
Kenneth Gibson
You have touched on a point that I want to go into later about the ratio of permanent to freelance employees, because that is clearly an issue.
I have many other people who are keen to come in, so we will hear from Gavin Reid and then from Craig Hoy, who has been very patient.
Finance and Public Administration Committee
Meeting date: 13 January 2026
Kenneth Gibson
Thank you. It is not the easiest task to boil down a 200-page report to maybe 20 minutes of questions and answers that will pick out some key points. My colleagues will have a number of questions that they want to ask, but first I will touch on some of the things that you mentioned in your opening statement.
Accuracy is obviously highly significant and important to forecasts. Where are you on that relative to the Scottish Fiscal Commission? Who has been the most accurate in forecasting with regard to, for example, productivity, overall growth and income tax?
Finance and Public Administration Committee
Meeting date: 13 January 2026
Kenneth Gibson
Of course.
Finance and Public Administration Committee
Meeting date: 13 January 2026
Kenneth Gibson
Your October 2024 EFO report predicted 50,000 job losses. Do you still think that that is accurate, despite what the hospitality sector is saying about the impact on it? That is an impact on just that one sector, incidentally.
Finance and Public Administration Committee
Meeting date: 13 January 2026
Kenneth Gibson
We are talking about special educational needs and disabilities potentially absorbing 4.9 per cent or £6 billion of the education budget down south. Am I right?
Finance and Public Administration Committee
Meeting date: 13 January 2026
Kenneth Gibson
The UK Government is keen to encourage people to move away from cash ISAs and invest in equities instead—there were articles on the subject in The Sunday Times business section and so on. You have devoted quite a bit of your report to looking at the equity market and you have said that, over the next five years, equity prices are predicted to grow from 4,526 points in 2024-25 to 5,915 points in 2030-31—a 31 per cent increase. You have also talked about the potential for a correction—a shock—that could reduce that substantially. The FTSE this morning was at 10,146 points, so it is already massively over your figures—double, essentially. Where are we in that regard? What is the risk and what are the implications?