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Treasury

Volume 682: debated on Friday 23 October 2020

Fiscal Support: Covid-19

The following is an extract from oral Questions to the Chancellor of the Exchequer on 20 October 2019.

The Scottish Government are doing what they can to support individuals, businesses and those who have been excluded by the Chancellor from receiving any grants, loans or payment holidays. They are hampered in doing so by not having the autonomy of borrowing powers to meet the unique requirements of the Scottish economy. Will the Government heed repeated calls for the devolution of borrowing powers to enable the Scottish Government to provide additional targeted assistance to those individuals and sectors that they have identified as most in need?

As the hon. Gentleman will know, the current state of affairs was agreed between the Scottish Government and the UK Government after exhaustive consultation and discussion by the Silk commission, and that remains the set-up to which the Scottish Government have committed themselves.

[Official Report, 20 October 2020, Vol. 682, c. 895.]

Letter of correction from the Financial Secretary to the Treasury, the right hon. Member for Hereford and South Herefordshire (Jesse Norman):

An error has been identified in my response to the hon. Member for Ayr, Carrick and Cumnock (Allan Dorans).

The correct response should have been:

As the hon. Gentleman will know, the current state of affairs was agreed between the Scottish Government and the UK Government after exhaustive consultation and discussion by the Smith commission, and that remains the set-up to which the Scottish Government have committed themselves.