Meeting of the Parliament (Hybrid) 09 December 2020
Mr Golden will have to forgive me.
Ultimately, we could do much more to support our businesses and wider economic recovery if we had greater fiscal flexibility and borrowing powers. In that regard, the Finance and Constitution Committee’s pre-budget scrutiny report is timely. On that issue, it says that
“without its own borrowing powers to fund day to day spending, the Scottish Government is largely constrained by UK spend and policy decisions when determining its own COVID-19 related spending and policies.”
Those are not my words—they are the words of Finance and Constitution Committee in its unanimously agreed report.
This evening, I hope that Parliament will unite behind the Government amendment to endorse that position; to endorse our call on retailers who can to return any rates relief they do not require for the benefit of businesses across Scotland; to recognise that more needs to be done to support Scotland’s businesses; and to back the fair work agenda for Scotland’s workers. I commend the amendment in my name.
I move amendment S5M-23622.3, to leave out from “too many businesses” to end and insert:
“many businesses affected by the pandemic restrictions have been able to access Scottish Government support grants totalling more than £2.3 billion, including the Strategic Framework Business Fund, and welcomes the additional financial support that will be made available through the £15 million second phase of the Newly Self-employed Hardship Fund and the £30 million Local Authority Discretionary Fund; welcomes the use of Barnett consequentials to provide this support for businesses and jobs, alongside other forms of support from the UK Government such as the Coronavirus Job Retention Scheme and the Self-Employed Income Support Scheme; recognises that the Scottish Government will continue to review and refine the COVID grant offer, within available resources, with a view to ensuring that businesses can access the support that they need over the winter and notes that the Cabinet Secretary for Finance will set out how additional funding will support businesses and their employees; welcomes the repayment of rates relief by supermarkets and calls for other businesses who can do so to follow this example and for this resource to be allocated to the devolved governments to enable the provision of further support for businesses and their workforces; understands the need for workers to be supported through the current period and commends the Coronavirus (COVID-19): fair work statement, which has been jointly endorsed by the Scottish Government, STUC, COSLA, SCVO, IoD Scotland and SCDI to employers; recognises that the Scottish Government will only be able to deliver the certainty sought by Scottish businesses in terms of extending rates relief for hospitality, leisure and retail businesses into 2021-22 with consequential funding from an equivalent investment by the UK Government due to the lack of fiscal powers and flexibilities devolved to the Scottish Parliament, and endorses the Finance and Constitution Committee’s unanimously-agreed pre-budget scrutiny report, which recommends that the Treasury should consider providing the devolved governments with greater access to borrowing in emergency situations, such as the current crisis, to allow them to tailor their own spend and policy response to the pandemic and economic recovery.”
Motions, questions or amendments mentioned by their reference code.
- S5M-23622.3 Economy Motion