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Displaying 3697 contributions
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
Do you look below the line? At the moment, you do not have a lot of detail on where capital expenditure will be for, say, the next five years. If you were to get that information, would that have an impact on your forecast?
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
But we will get a clearer picture as we move forward.
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
Okay. That is reassuring. I suppose that you have a fixed budget, so you have to live within it.
You have already been asked about the pay increases, pay policy and inflation, and they are all tied together. I think that the pay increase of 3 per cent for a year or 9 per cent over three years was set when inflation was expected to be below 3 per cent, and it is now 3.5 per cent. Therefore, everybody is expecting a pay increase at least to match inflation—I believe that the NHS pay increase is 4.25 per cent. That will mean that we will get more tax, will it not? If the pay increases are all a bit higher, presumably in the private sector as well as the public sector, we will get some more tax. What is the timing of that? That tax coming in does not help this year’s budget, does it?
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
Exactly. So, even if we expect more tax to come in, that does not help us in any way this year.
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
Yes, but that affected us negatively. However, I presume that if it affects us positively, we will take the money immediately.
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
Okay. You were asked about productivity and capital investment, and I want to press you on that. Is it the case that any capital investment will inevitably help productivity, or do you look at where the capital investment is going? For example, if we buy a new train, perhaps people’s comfort improves and things are a bit more reliable, but, actually, it is still moving 200 people from A to B, so it does not really increase productivity.
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
Mr McGowan, you previously mentioned the independence of public inquiries and said that it is a bit of philosophical question, which I kind of accept. You also suggested that, if the terms of reference were sharper and more focused at the beginning, that would—or might—solve the problem. What do you think of the idea that, alongside that, we say at the very beginning—I take the point that this should all be fixed at the beginning, not halfway through—“We want this inquiry to take two years and it’s going to cost £5 million, and these are the terms of reference”? Would that take away from the independence of inquiries?
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
Yes, and yet it is the case for other professions. A teacher will have 50 minutes, or whatever, with a set of pupils, and they will do the best that they can in that time. As an accountant, I would have to do an audit within three months—or whatever it might be—for a fixed fee. Auditors are still—I think—considered to be independent. It seems to be possible to do that kind of thing, but it seems that when we get the legal profession involved, they do not like that.
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
You might or might not want to answer this—[Interruption.] Sorry—my microphone is not on.
Finance and Public Administration Committee
Meeting date: 10 June 2025
John Mason
Could we pass new legislation on public inquiries that would override that act?