The University of Strathclyde
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 …
This article summarises some of the data released today on the Scottish labour market, as well as data from the welfare system and Coronavirus employment support schemes.
This video update provides an overview and analysis of the headline labour market picture in Scotland, July 2020, including data from the Coronavirus Job Retention Scheme, Self-Employment Support Scheme, and the welfare system.
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 »
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 …
New labour market data were released earlier today by the ONS. In addition, we got an update from management information held by DWP on what was happening in the benefit system. The headline Scottish unemployment rate rose to 4.6%, up 1.1% compared to the three months before, while the employment …