Autumn Budget Revision

Part of the debate – in the Scottish Parliament at on 30 September 2020.

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Photo of Kate Forbes Kate Forbes Scottish National Party

It has significant implications. Delaying the UK budget this autumn is deeply problematic, as anyone who was involved in last year’s budget process on any side of the chamber will know. In terms of our funding position, every penny is deployed and committed to our Covid-19 response. The two areas that I have been pressing the Chancellor on are to either extend the job retention scheme to avoid the cliff edge or to provide additional consequentials so that we can tailor our response in the event of localised lockdowns or for the sectors that are hardest hit.

chancellor

The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.