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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 5 May 2021
  6. Current session: 12 May 2021 to 6 May 2025
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Displaying 2559 contributions

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Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

My final question is about financial transactions. I realise that some of this will get a bit technical. As I understand it, the financial transactions were dramatically reduced by Westminster and we are not yet certain what the figure for the current year will be. There is a suggestion that there is an overallocation of £25 million, which would have to be covered from the rest of the capital budget. Have I understood that correctly?

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

Will that be in the spring budget revision?

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

It is a lose-lose situation from the Government’s point of view.

I will ask about a couple of other issues. Is it the case that the peak fares pilot and the asylum seekers bus fares pilot were not in the budget and that therefore no savings will be made by cancelling those, or have I misunderstood?

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

So, if the scheme had been extended, that would just have added pressure to the budget.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

That was feeding into the housing budget, so the cut is continuing to put pressure on that.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

As I understand it, because changes were made to the £148 million allocated for the winter fuel payment by Westminster in the current year, technically, we could spend it, but we would be borrowing the money and would have to pay it back again. How does that fit into the budget? Will the money be spent this year, or will it be set aside?

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

Has the new Government at Westminster eased off on financial transactions? In the past, that budget was quite important for house building.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

The minister said that the capital funding went down and has come back to roughly where we were, but the financial transactions allocation has gone down but not come back up. Is that correct?

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

I am fascinated by the use of the word “lucky” in this meeting.

Finance and Public Administration Committee

Subordinate Legislation

Meeting date: 12 November 2024

John Mason

No, but some of my colleagues have. I think that we are lucky to get rid of the Conservatives, anyway.

I will move on to some more detail. The figure on the council tax freeze has been revised. I think that it was going to be £144 million, and an extra £3 million is going into that. Can you comment on that? Was it uncertain?