The Minister for Business, Fair Work and Skills convened a working group on Scottish statutory debt solutions in December 2018. This was initially to consider issues associated with the future of the Common Financial Tool adopted in Scotland, but has since considered much broader subject areas. The working group will discuss issues and provide advice to the Minister on how the wider review of solutions should be taken forward and the key issues that remit for the review.
The last meeting took place on 26 October 2020 and considered a paper setting out some discussion provoking thoughts and observations on the current landscape, including the impact of the COVID-19 pandemic.
Minutes of previous meetings can be found below: