MSPs back the general principles of the budget

Summary

The Europe Committee takes evidence on Brexit implications for Scotland
Nicola Sturgeon is quizzed by opposition MSPs during first minister's questions
Ministerial statement: Scotland's ferry services
MSPs back the general principles of the Budget Bill.

Live Reporting

Craig Hutchison, Colin Bell and Patrick Cowling

Postpublished at 15:19 Greenwich Mean Time 2 February 2017
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Postpublished at 15:17 Greenwich Mean Time 2 February 2017
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Postpublished at 15:17 Greenwich Mean Time 2 February 2017
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Harvie says all parties should try to make a meaningful difference in budget processpublished at 15:17 Greenwich Mean Time 2 February 2017
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Scottish Greens co-convener Patrick Harvie
Scottish Greens co-convener Patrick Harvie says the Conservatives believe in a magic money tree.
Mr Harvie says all parties should try to make a meaningful difference when a minority government is in power.
He says on tax the Greens wanted to cut tax for low earners and move to progressive taxes.
Postpublished at 15:15 Greenwich Mean Time 2 February 2017
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Tory MSP says his party will vote against this dismal unambitious budgetpublished at 15:15 Greenwich Mean Time 2 February 2017
Mr Fraser says the finance secretary is too young to remember Ferris Bueller's Day Off where a teenager tries to explain the laffer curve.
SNP MSP Ivan McKee says Mr Fraser does not know what he was talking about.
Mr Fraser says the former first minister Alex Salmond never stopped talking about the benefits of cutting taxes.
He says his party will vote against this dismal unambitious budget
Postpublished at 15:11 Greenwich Mean Time 2 February 2017
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Mr Fraser says the budget make Scotland the highest taxed part of the UKpublished at 15:11 Greenwich Mean Time 2 February 2017
Mr Fraser says the Scottish budget has risen with half a billion pounds more to spend than in the current year.
The Scottish Conservative finance spokesperson say Mr Mackay is also lucky as he has greater tax powers than any finance secretary since devolution.
He says the budget has weak measures and it reinforces reductions to colleges
Mr Fraser says the budget make Scotland the highest taxed part of the UK.
Postpublished at 15:10 Greenwich Mean Time 2 February 2017
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Postpublished at 15:09 Greenwich Mean Time 2 February 2017
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Tory MSP says the entire SNP front bench are patsiespublished at 15:08 Greenwich Mean Time 2 February 2017
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Conservative MSP Murdo Fraser
Conservative MSP Murdo Fraser apologises to Patrick Harvie for calling him Patsy Harvie as it is not the Greens that are the patsies it is the entire SNP front bench.
Mr Fraser says the have fallen hook line and sinker for the Greens' hard left high tax agenda.
They have left Patrick Harvie pulling all the strings.
Disappointment that the chief secretary to the Treasury did not give evidencepublished at 15:07 Greenwich Mean Time 2 February 2017
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Chief Secretary to the Treasury David Gauke
The Finance Committee convener says the operation of the fiscal framework is a shared responsibility between the UK and Scottish governments.
Mr Crawford says it was disappointing the chief secretary to the Treasury did not give evidence as part of the budget process.
Background: Finance Committee's report on the draft budgetpublished at 15:05 Greenwich Mean Time 2 February 2017
Image source, Getty Images
Scotland faces "a much higher level of uncertainty and volatility" in its budgets due to new powers and Brexit, Holyrood's finance committee said last week.
The group published its report on the government's draft budget, external, which marks the first use of new tax powers.
Members said new powers combined with economic uncertainty caused by Brexit meant it was "critical" there was "complete transparency" over budgets.
Read more here.
Postpublished at 15:04 Greenwich Mean Time 2 February 2017
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Postpublished at 15:03 Greenwich Mean Time 2 February 2017
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Postpublished at 15:03 Greenwich Mean Time 2 February 2017
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There must be a development in understanding of the fiscal framework says Mr Crawfordpublished at 15:02 Greenwich Mean Time 2 February 2017
Mr Crawford says there must be a development in understanding of the fiscal framework.
'The government must address the productivity puzzle in Scotland'published at 15:02 Greenwich Mean Time 2 February 2017
Mr Crawford says if the Scottish tax revenues grow at the same rate as rUK then there is no gain or loss.
The Finance Committee convener says the government will have to make sure productivity growth at least matches rUK.
He says the government must address the productivity puzzle in Scotland.
The SNP MSP says the likelihood of rising inflation due to Brexit will have an impact on the Scottish government.
Postpublished at 14:59 Greenwich Mean Time 2 February 2017
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No consensus in Finance Commitee over the use of the income tax powerspublished at 14:58 Greenwich Mean Time 2 February 2017
Finance Committee convener Bruce Crawford says the committee recognises this is an historic budget, due to the income tax powers.
Image caption,
Finance Committee convener Bruce Crawford
Mr Crawford says the committee found no consensus over the use of the income tax powers.
He says the committee notes, in terms of capital borrowing the government intends to draw down £450m in 2017-18