The University of Strathclyde
The Addleshaw Goddard Scottish Business Monitor, produced in partnership with the Fraser of Allander Institute shows that as lockdown restrictions begin to ease and the economy starts to open back up, sentiment amongst the Scottish business community is showing some tentative signs of improvement. However, the overall outlook remains challenging.
ONS have recently released some new experimental regional data which look at how households spend their money. This article looks at these data in more detail, exploring what they tell us about household consumption and saving across the UK.
Today we had new Scottish GDP data for the month of May released. [It’s the Glasgow Fair today(!), so we’ll keep this update short.] Unsurprisingly, the figures show that the economy remained in a high state of lockdown that month. Figure 1: Headline Scottish GDP to May 2020 Source: Scottish …
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?
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 »
The fear of a sharp rise in unemployment is a real one in this economic crisis. Last week’s latest Quarterly Economic Indicator from the Scottish Chambers of Commerce provided an insight into the harsh reality for many businesses in Scotland just now. In recent days, we’ve had a number of …
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 »
Graeme Roy is joined by Calum Paterson, Managing Partner at Scottish Equity Partners to discuss how businesses have been affected by the crisis, how they are having to adapt to the new face of the economy and the long term role policymakers have to play in order to support businesses. …
Business and the new normal, a conversation with Calum Paterson Read More »
Next week, we’ll be publishing our latest Fraser of Allander Commentary, in partnership with Deloitte. It promises to be a bumper edition. So much so, that we’ve decided to stagger our articles over the course of the week – so that there is no excuse not to read all of …
We have recently started a new year-long project to examine how patterns of weekly hours worked have been changing in recent decades, examine what factors help explain those trends, and to consider implications for poverty, inequality – and policy. Whilst the distribution of hourly pay receives a lot of attention …
Changes in working hours, causes and implications – an introduction to our new project Read More »