Latest data on the Scottish economy – Update 10th July 2020

This update provides a snapshot of new data on the Scottish economy and households. Business indicators confirm that Scottish businesses continue to operate well below capacity, but there is clear evidence of more businesses returning. The reopening of High Street retailers at the start of this month brought a spike in demand – even exceeding pre-crisis levels.

Scottish Parliament Building

Scottish Budget update

As per usual, there was no amount of confusion about what the Chancellor’s statement yesterday meant for the Scottish Budget. Different numbers mean different things to people. But the outlook for the Scottish budget in 2020/21 has changed substantially since it was published in March. So, what do we know?

Waiters wearing masks in a restaurant

Fiscal event or not a fiscal event…. today’s announcements in a nutshell

The Chancellor today announced a number of measures designed to stimulate economic recovery in the wake of the coronavirus pandemic. Overall, whilst significant, it is clear that the Chancellor is keeping some options in his back pocket for the budget in the Autumn. And whilst it is right that we …

Fiscal event or not a fiscal event…. today’s announcements in a nutshell Read More »

Construction of infrastructure

Fiscal stimulus? Plus a note about ‘borrowing powers’…

We set aside some time yesterday to look over the Prime Minister’s economy announcements, following the trail that it would set out a plan for recovery. At the heart of the announcement was a £5bn “new deal” to build homes and infrastructure. But has been widely pointed out, there was …

Fiscal stimulus? Plus a note about ‘borrowing powers’… Read More »

The Scottish Parliament building

Latest data on the Scottish economy

This update provides a snapshot of new data on the Scottish economy and households. Overall, we are yet to see change in most business indicators, although consumer interest appears to be improving. The labour market and household finances remain precarious.

Buchanan Street Glasgow looking busy

Poverty in Scotland: A discussion with JRF on progress pre, during and post Covid-19

At the end of the parliamentary year, we would normally have received a progress report form the Scottish Government on their efforts to tackle child poverty and how they are making progress towards the statutory child poverty targets. The report has been postponed indefinitely, but this doesn’t mean that work …

Poverty in Scotland: A discussion with JRF on progress pre, during and post Covid-19 Read More »