Today’s labour market and Universal Credit data give us a glimpse of the initial impact of CoVid-19 on Scotland

This morning the ONS released the latest data from the Labour Force Survey. This is the main source for high quality data about what is happening in the labour market in the UK, and the regions and nations. Today’s data cover the period up to the end of March, and …

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Workers in the construction sector: who are they and what support may they need now and in the future

The construction industry has been disrupted enormously over the course of the Coronavirus pandemic, not least because that vast majority of the workforce is not able to work from home. Whilst the official UK Government advice is for sites to continue to operate if work can be carried out at …

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Scottish Business Monitor: findings by sector

Last week, we published the results for our latest Scottish Business Monitor, a survey of Scottish businesses, published in partnership with Addleshaw Goddard. The survey provided a stark illustration of the economic cost of the COVID-19 shutdown. Nearly 90% of the businesses that we engaged with had seen their turnover …

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Expected sharp fall in outlook for business – Scottish Business Monitor Q1 2020

In this podcast, Graeme Roy is joined by Mairi Spowage and James Black to discuss the latest results from the Fraser of Allander Scottish Business Monitor. The survey, done in partnership with law firm Addleshaw Goddard, has been running since 1998, and seeks to capture business activity and outlook in …

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Scottish Business Monitor shows expected fall in activity and outlook

This report summarises some key results from our latest Fraser of Allander (FAI) Scottish Business Monitor, published in partnership with Addleshaw Goddard. The survey was conducted over the period 1st – 8th April 2020. We engaged with almost 500 businesses from across the Scottish economy, in both different industries and …

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Update on claims to Universal Credit since the start of the shutdown

Yesterday we looked at the options for people who have seen their earnings disappear but are excluded from the UK Government’s Coronavirus Job Retention Scheme and the Self Employed Income Support Scheme. For those who can’t find alternative employment, the social security system will be the place many turn for …

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Unprecedented challenges to come for the Scottish economy – and whilst economy will recover long-term structural challenges starting to emerge

The coronavirus outbreak has already led to a sharp economic downturn in Scotland; one that will undoubtedly change the shape of our economy in the long-run, according to the Fraser of Allander Institute. In its latest Economic Commentary, the Institute says the virus outbreak represents an ‘unprecedented shock’ to the …

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March Nowcasts

It is a highly uncertain time for the global economy, with the increasing spread of Coronavirus (COVID19). We’ve been asked by a number of people about the effect on the Scottish economy of COVID19. At this stage, it is difficult to tell how large the effect on economic activity in …

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