Policy paper

Finance: Interministerial Standing Committee – 20 September 2023

Updated 21 March 2024

The Rt Hon John Glen MP, Chief Secretary to the Treasury (UK Government) chaired a meeting of the Finance: Interministerial Standing Committee (F:ISC) on 20 September in London. The meeting was attended by Shona Robison MSP, Deputy First Minister of Scotland and Cabinet Secretary for Finance (Scottish Government) and Rebecca Evans MS, Minister for Finance and Local Government (Welsh Government). Officials from the Northern Ireland Executive attended virtually in a listening capacity.

All ministers welcomed the opportunity to meet in person to discuss the current economic context and public spending pressures, whilst continuing to build constructive and positive relationships across all governments.

Ministers discussed their economic and fiscal priorities in advance of the upcoming UKG Autumn Statement and the challenges on Reinforced Autoclaved Aerated Concrete (RAAC). The Scottish Government also provided an update on the recently agreed Fiscal Framework Review as part of a discussion on budget flexibilities.

Ministers then discussed energy security, with a focus on network and grid infrastructure and funding for emerging renewable technologies.

Ministers noted their agreement to the revised F:ISC Terms of Reference and Operating Protocol.