Meeting of the Parliament 23 February 2016
I thank the First Minister for early sight of her statement. I am encouraged to hear that on capital borrowing and financial transfers an agreement has been concluded and it is good to hear the First Minister’s confirmation in her statement that both sides are close to an agreement on the fiscal framework and an acknowledgement of the movement of the Treasury throughout this process.
I said last week that I wanted both sides to go the extra mile in order to reach an agreement, and it seems that we have substantially less distance to travel now. I am sure that the First Minister’s proposals in her statement on the question of a review will be considered, and I trust and believe that they will be examined without prejudice by the UK Government.
Following the update from the Treasury in the past hour, I understand that the Chancellor of the Exchequer is hoping to speak to the First Minister directly as soon as possible, and I am pleased that that is taking place. With an agreement so close—within touching distance—will the First Minister work over the coming hours to find a compromise with the UK Government on the question of how a review is conducted?