Kate Forbes MSP

Kate Forbes MSP

Written 23 posts

Cabinet Secretary for Finance and the Economy (Previously: Minister for Public Finance and the Digital Economy)

Assurances sought on National Insurance increase

10th September 2021

The UK Government’s decision to implement a 1.25% increase in National Insurance contributions to fund the NHS and social care in England has raised a number of questions. In an attempt to gain more clarity, and seek assurances on consequential funding Scotland, I have written to the Chief Secretary to the Treasury Steve Barclay. A…

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Consultation closes on national economic transformation strategy

6th September 2021

We are absolutely committed to maximising Scotland’s economic potential and we want to work with others to build an economy for everyone. To help us deliver greater, greener and fairer prosperity we are working to deliver a new 10 year National Strategy for Economic Transformation. As part of that work extensive engagement is currently taking…

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An update on Covid baseline measures for business

27th August 2021

Since the start of the pandemic, businesses have made huge changes and sacrifices to protect public health. I’m incredibly grateful to the business community and would like to thank everyone who has spent time and effort to make their businesses as safe as possible for customers and staff. Your contribution has been vital in helping…

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Scotland’s economy outperforms recovery predictions

26th August 2021

I warmly welcome the Scottish Fiscal Commission’s latest official forecasts which suggest Scotland’s economy is recovering from COVID-19 much faster than anticipated. The predicted return of economic activity to pre-pandemic levels in the first half of 2022, almost two years of ahead of the SFC’s previous forecast, is a tribute to the innovation and adaptability…

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Response to Scotland’s GDP estimate for May 2021

21st July 2021

  “It is encouraging to see Scotland’s economy continuing to recover from the pandemic. “The 0.9% rise in Scotland’s GDP during May is the fourth consecutive monthly increase and output is now 2.7% below its pre-pandemic level in February 2020, having increased from a low of -22.6% in April 2020. “I am particularly pleased to…

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Working to deliver economic transformation

9th July 2021

It is impossible to overstate the devastating impact the Covid-19 pandemic has had on every aspect of our lives – the pandemic has shaken our society and economy to their core. And whilst our collective efforts, in tandem with the success of the vaccination programme, have been instrumental in suppressing the virus, our fight to…

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Encouraging workers to get their vaccines

2nd July 2021

We know vaccination is key to moving forward from the pandemic and I am pleased to be working with Scotland’s business organisations to encourage businesses up and down the country to support their staff to attend their vaccine appointments. See our joint statement: “The COVID-19 vaccine is a vital step in Scotland’s progress towards a…

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Making Scotland a world class tech hub

29th June 2021

The first meeting has taken place of the Scottish Technology Ecosystem Review Advisory Board. The Board brings together Scotland’s top entrepreneurs and digital leaders to advance the recommendations of the Scottish Technology Ecosystem Review, supporting efforts to accelerate Scotland’s development as world class technology hub. The Board members are: Kate Forbes (Co-chair) – Kate is…

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Supporting visitor management in rural areas

10th June 2021

Today I met with the Visitor Management Steering Group to discuss ongoing efforts to address some challenges that are arising due to a rise in visitors in rural areas. As someone who lives in a rural constituency with an abundance of natural beauty spots, I know only too well that an influx of visitors and…

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Finance Secretary’s Budget Bill statement

9th March 2021

Finance Secretary Kate Forbes’ statement opening the Scottish Parliament’s Stage 3 debate on the Budget Bill.   Presiding Officer, it is essential that we come together as a Parliament today to agree the 2021-22 Scottish Budget and deliver the certainty and stability that Scotland, its people and its businesses and communities deserve. Throughout this Budget…

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