Kate Forbes MSP

Kate Forbes MSP

Written 14 posts

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

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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Finance Secretary responds to UK Budget

3rd March 2021

Responding to the UK Budget, Finance Secretary Kate Forbes said: “In advance of the UK Budget I called for the UK Government to provide meaningful and effective long-term support to businesses and households as we face the next phase of the coronavirus (COVID-19) pandemic. “While I welcome some of the announcements today, it is clear…

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Budget update statement

16th February 2021

Finance Secretary Kate Forbes has updated the Scottish Parliament on developments with the Scottish Budget 2021-22.  Her full statement is below. “My objectives in this Budget statement today are to give as much early clarity to businesses, public bodies and communities and to be as transparent as possible, This is a Budget for the nation,…

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Response to the Chancellor’s business support announcement

5th January 2021

Responding to today’s announcement by the UK Government on business support, Finance Secretary Kate Forbes said: “We are both surprised and disappointed that the UK Government’s announcement of additional funding for businesses in England will not – despite the initial indications –  generate further new funding for the Scottish Government or other devolved administrations. “This…

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Finance Secretary responds to UK Government spending review

25th November 2020

Responding to the UK Government’s Spending Review, Finance Secretary Kate Forbes said: “In advance of this statement I urged the UK Government to follow the lead of countries like France, Germany and New Zealand by bringing forward an economic stimulus package worth £98 billion. The Chancellor’s announcement appeared to recognise the devastating economic harm of…

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Finance Secretary responds to the Chancellor’s statement

5th November 2020

Responding to today’s statement by the Chancellor on further coronavirus (COVID-19) support, Finance Secretary Kate Forbes said: “I welcome the Chancellor’s positive, but long overdue, announcement that the Job Retention Scheme will be extended until March 2021. We have repeatedly urged the UK Government to safeguard jobs by guaranteeing that this support will be available…

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Statement following Finance Ministers’ quadrilateral

24th July 2020

Speaking after a virtual meeting this afternoon with the Chief Secretary to the Treasury Stephen Barclay, Welsh Finance Minister Rebecca Evans and Northern Irish Finance Minister Conor Murphy, Finance Secretary Kate Forbes said: “We had a constructive conversation and the £800 million of additional new funding the UK Government announced yesterday is welcome and provides…

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The Chancellor’s statement largely bypasses devolution.

13th July 2020

The temporary localised restrictions in Leicester and Dumfries, and further afield in Melbourne and Catalonia, remind us of the continuing threat posed by coronavirus (COVID-19). They also highlight the importance of rapid, targeted action in dealing with the pandemic. Robust national and international structures are of course essential, but to eradicate the virus we also…

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Response to UK Government Summer Statement

8th July 2020

Responding the UK Chancellor’s Summer Statement today, Finance Secretary Kate Forbes said: “We called for an £80bn stimulus package to build a strong, green and inclusive economic recovery and while there are elements in this announcement to be welcomed, in particular the measures on VAT for tourism and hospitality, overall this package is a huge…

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Scotland needs more financial powers to manage COVID-19

9th June 2020

by Finance Secretary Kate Forbes   The coronavirus pandemic is the greatest health and economic challenge of our lifetimes. It has required an unprecedented response from government to ensure our NHS has the capacity and equipment needed to respond to the health crisis and to help businesses manage the economic impact. Looking ahead, our economic…

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