Scottish Economy

2 in 5 firms planned redundancies before furlough extension & business views on homeworking

In this latest podcast, Emma Congreve, Mairi Spowage and James Black of the FAI cover the latest findings of the Scottish Business Monitor as well as a round-up of the latest news on GDP and the labour market.

Why did 2 in 5 Scottish firms say that, before furloughing was extended, they planned make redundancies before the end of the year? What are the views of businesses on homeworking and Government? And, what does the latest GDP and jobs data tell us?


Emma Congreve, FAI
Mairi Spowage, FAI
James Black, FAI


(0:20) What is the Scottish Business Monitor?
(1:48) What does the business monitor tell us about overall business confidence?
(3:28) What does the monitor tell us about the experience of different parts of the Scottish economy?
(6:50) How are businesses changing the way we are working?
(11:10) What is the view of business on how the UK and Scottish Governments are handling the public health crisis and supporting businesses?
(14:20) How can we interpret the new labour market statistics?


James is part of the knowledge exchange team, which involves connecting academia to business, government, and the public. He has a Masters in Applied Economics, a degree in Mathematics, Statistics & Economics and is experienced in working on a wide range of projects for public and private sector clients.

Emma is a Knowledge Exchange Fellow at the Fraser of Allander Institute

Mairi is the Director of the Fraser of Allander Institute. Previously, she was the Deputy Chief Executive of the Scottish Fiscal Commission and the Head of National Accounts at the Scottish Government and has over a decade of experience working in different areas of statistics and analysis.