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To ask the Scottish Executive what discussions it has had with the Chancellor of the Exchequer about the appointment of external members to the Bank of England's monetary policy committee.
We do not know what the future CAP regime will be post-2020, but we do know that the amount that we spend on farming support and rural enterprise will remain absolutely the same in capital terms until 2022. At this point, we are providing farmers across the UK with a greater degree of certainty.
The deadline that we have set for the achievement of board membership of 50 per cent women is 2022, so the boards would be reporting on that in the next again cycle.
I say to the minister that an inflation rate of even 2 per cent, which is the Bank of England’s target rate, would in effect mean a figure being worth 10 per cent less after five years because of the effect of compound interest.
In the local IJB, I have heard a request for information that is more up to date, because the process in itself can be considerably out of date in terms of data capture—sometimes by a year or 18 months.
Nothing reflects that better than the sharp increase in the use of food banks across Scotland. The Trussell Trust has reported that 117,689 people visited its Scottish food banks in 2014-15.
On the deadline, I agree that 1 January may not be the easiest date to achieve, so a date mid-year—not around the financial year end—would certainly be beneficial.
Part of the loan funding that the Government has provided to date is, first, to cover annual loses and, secondly, to support capital expenditure and the examples that I just cited.