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Chamber and committees

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 4 May 2021
  6. Current session: 13 May 2021 to 23 December 2025
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Displaying 3369 contributions

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Finance and Public Administration Committee

Scottish Fiscal Commission

Meeting date: 20 December 2023

John Mason

But you are going to be subject to the public sector equality duty at some point.

Finance and Public Administration Committee

Scottish Fiscal Commission

Meeting date: 20 December 2023

John Mason

That is great. Thank you.

Finance and Public Administration Committee

Budget Scrutiny 2024-25 and Economic and Fiscal Forecasts

Meeting date: 20 December 2023

John Mason

Do you want to come in, Professor Ulph?

Finance and Public Administration Committee

Scottish Fiscal Commission

Meeting date: 20 December 2023

John Mason

I will start with a question for Mr Ireland. In the chief executive’s introduction to the commission’s annual report and accounts you say:

“We are continuing to work on the public understanding of fiscal policy in Scotland.”

I wonder whether that is possible. How is it going?

Finance and Public Administration Committee

Scottish Fiscal Commission

Meeting date: 20 December 2023

John Mason

Thanks. I realise that we are tight for time.

In the past, Dame Susan Rice produced quite a long list of data needs. However, you are now saying that you will publish that only every two years because you seem to have cracked that. Is that right?

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

John Mason

Did you suggest earlier that that is more of a challenge for the UK because our interest rates are more index linked? Are other countries different?

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

John Mason

Is it about the choices that other—certainly, European—countries made? They did not do the same amount of quantitative easing but did more traditional debt.

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

John Mason

I will ask you some of the same questions that I asked the first panel, so if you were watching, you will know what they will be.

My first question is on debt interest. I think that it was in March that the OBR forecast debt interest to be £94 billion. Now, it is saying that the figure will be £116 billion for 2023-24. When I asked the witnesses from the OBR about that, they just said that they follow the markets and that that is what the markets said. Should the OBR be able to forecast a bit more accurately on a figure like that?

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

John Mason

Is there any backdating? Does revising the GDP deflator have any practical effect?

Finance and Public Administration Committee

Budget Scrutiny 2024-25 (United Kingdom Context)

Meeting date: 12 December 2023

John Mason

That is helpful. I will press you again on the practical impact of the GDP deflator. My understanding is that the Scottish Government uses it to measure factors such as how much it can borrow. However, the illustration that we are always given is inflation in the capital sector—for example, buying materials such as concrete and steel, which have been expensive. Am I right in thinking that the GDP deflator effectively constrains the amount of capital expenditure going forward, or is that a misunderstanding?