(7 months ago)
Commons ChamberThe fact that we are considering this statutory instrument on the Floor of the House, when such instruments are normally done in Committee, demonstrates that the Government have absolutely nothing left to bring to the Chamber. In fact, this debate was scheduled for a Committee Room upstairs but was subsequently cancelled and brought to the Floor of the House. It shows that the Government are desperate to try to fill time in this Chamber rather than send us all away early again. I know I speak for the Opposition and millions of people up and down the country when I say that this nonsense has to end: a general election must be called soon on this zombie Government. They may be able to run for now, but they certainly cannot hide. The people are fed up of 14 years of complete failure.
We are here to consider increased borrowing limits for the Scottish Government. I wonder whether the Minister could answer a few questions. As per the August 2023 fiscal framework agreement, which came two years late, can the Minister tell the House how the increase amounts have been calculated?
Secondly, the fiscal framework allows for £3 billion, and slightly more given this order of debt for capital purposes at £450 million a year. How much of that just over £3 billion has been drawn down to this stage?
Thirdly, the resource-borrowing powers can be drawn down by up to £600 million per annum up to a maximum of just over £1.75 billion. How much of that has been drawn down? The reason I ask that latter question is that at the Finance and Public Administration Committee of the Scottish Parliament this morning, the permanent secretary warned the First Minister that there is a looming £1.9 billion fiscal deficit in the Scottish Government, because of spending promises that have been made by the current Scottish Government, and that the First Minister will have to come to Parliament regarding the redrawing of those priorities to try to reduce that £1.9 billion fiscal deficit.
Does the hon. Member agree that, notwithstanding the fact that the fiscal framework has brought the two Governments to the table, the problems we are seeing with spending and the constant arguments are not in the best interests of the people of Scotland? What they really need is two Governments who work more closely together and in concert for Scotland.
I could not agree more. If the Prime Minister wishes to go and see His Majesty the King at some point soon, we might get at least one half of those two Governments working together after the general election.
(2 years, 9 months ago)
Commons ChamberThose with the broadest shoulders should pay the most, but I just say to everyone in the country watching this who is worried about their bills that we have two Governments who could do something about this, but they are defending the profits of the oil and gas companies rather than trying to help them with their bills. We could achieve so much more if all put our shoulders to the wheel and helped with this energy crisis.
The hon. Member makes an excellent point. Does he share my curiosity about whether the SNP’s problem is that it spent so much time saying that Cambo should not be developed and attacking the oil industry that it finds itself in a quandary and, as always, its main priority is what is the best argument for independence rather than what is best for the people of Scotland?
If the SNP has an argument for not taxing the oil and gas companies, it can have the floor to tell us. I am happy to take an intervention. I am also happy to take an intervention that clarifies what their motion means. Does the line that says “a windfall tax” include the oil and gas companies? Not one SNP Member, including the BEIS spokesperson, will intervene and tell me that that is what it intends. That tells us all we need to know. The SNP is sitting on the fence, hoping that the Government get the wrong idea, and putting out the press release to say that the Government are attacking it.