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 3697 contributions
Finance and Public Administration Committee
Meeting date: 4 October 2022
John Mason
I have a few questions. There was a UK budget—I consider it to have been a budget, whatever it was called—without OBR forecasts. What is the risk of not having forecasts tied into the budget?
Finance and Public Administration Committee
Meeting date: 4 October 2022
John Mason
Following on from that, a number of housing associations were in touch with me over the weekend, especially in relation to this week’s Cost of Living (Tenant Protection) (Scotland) Bill. However, before the legislation came up, they had already looked at cutting back capital expenditure in relation to new houses, because even before the rent freeze proposal, they were only planning a rent increase of 5 or 6 per cent.
One association told me that it is stopping all new builds. It will only complete what it is already doing and do maintenance. It was borrowing £40 million for new builds and it has now cancelled that with the bank. Will that have an impact on our capital expenditure, because that is not so much about us borrowing, it is about trying to help other people?
Finance and Public Administration Committee
Meeting date: 4 October 2022
John Mason
Mr Swinney, you and I both spent hours and hours and hours considering the SFC and how it and its forecasts were so important, we should consider whether it should be independent or part of Government. It absolutely amazes me that this has happened and that the UK Government did not take the forecasts into account.
You also mentioned interest rates. You focused on mortgages and so on but how do the interest rates going up affect the Scottish budget? What is the impact for us?
Finance and Public Administration Committee
Meeting date: 4 October 2022
John Mason
Longer term, we have a £3 billion limit, as I understand it, on borrowing for capital projects and we are at about £2.1 billion at the moment. How do you see that moving forward, or do you think that that £3 billion limit can be revised?
Finance and Public Administration Committee
Meeting date: 4 October 2022
John Mason
It strikes me as totally irresponsible to do a budget without forecasts. Is that something that the Scottish Government would be allowed to do or would even consider doing?
Finance and Public Administration Committee
Meeting date: 4 October 2022
John Mason
Is it your understanding that the UK Government had forecasts that warned about those things, but ignored them and went ahead anyway, or did it not even look at the forecasts?
Finance and Public Administration Committee
Meeting date: 4 October 2022
John Mason
If housing associations are to build less, that will be a saving on the capital budget for the Government, presumably, because they will not be wanting the grants that they could have had?
Finance and Public Administration Committee
Meeting date: 4 October 2022
John Mason
Talking of capital expenditure, we had evidence from South Lanarkshire Council saying that, although we say that inflation is 10 per cent, 11 per cent or whatever, in some capital projects it was facing 30 per cent inflation. An example was in building a bridge, primarily because of the shortage of steel, which I believe comes from Ukraine. Do you recognise that kind of inflation figure and that it is different in different sectors?
COVID-19 Recovery Committee [Draft]
Meeting date: 29 September 2022
John Mason
Professor, I would like to clarify a point. The report is an interim one. I noted that your chair’s summary said that
“these are important and achievable ambitions to which the Scottish Government and its partners will wish to respond.”
Are you expecting a response from the Government to the interim report, which would then feed into your final report?
COVID-19 Recovery Committee [Draft]
Meeting date: 29 September 2022
John Mason
Thank you. We have had quite a lot of varied evidence, and a representative of the Organisation for Economic Co-operation and Development spoke to us about the issue of what a resource spending review is. Their suggestion was that a resource spending review is slightly different in Scotland and the UK than it is in other countries. In other countries, there seems to be more of an emphasis on examining what they are spending money on at the moment. I do not know whether you saw or picked up on any of that evidence, but do you feel that there was any validity in the point that the OECD was making?