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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Businesses show increase in confidence for the coming 6 months after a challenging end to 2019

The Fraser of Allander Business Monitor is one of the first major surveys of Scottish firms post-election. The figures show that the outlook for business activity, investment and employment are at their highest level since 2014. This follows a challenging end to 2019 for all these indicators. Expectations of growth …

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FAI Commentary: The outlook for the Scottish Budget 2020/21

This blog post contains the policy context chapter of our economic commentary, published today. The latest economic commentary can be found here. Budget 2020/21 will be the fourth of five to be set in this parliament. Normally of course it would have been published by now – the Scottish Government …

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Fraser of Allander Economic Commentary for Q4 2019 published today

General election provides moment of clarity amongst recent uncertainty – but debate over Scotland’s economic future likely to intensify in 2020 The Conservative majority means that the UK will leave the EU at the end of January 2020. But SNP gains in Scotland raise prospect of renewed debate on second …

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Today’s Fraser of Allander Economic Commentary in 10 bullet points

Today we published our final Economic Commentary for 2019. Here we summarise the key points. Tomorrow we will get new GDP data for Scotland – covering the 3 month period to September Chart: Scottish growth since 2014 – year and quarter % The latest data suggests that the economy will …

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