Coronavirus, Scottish Economy, UK Economy

Implications of the Crisis for the Scottish & UK Economies – FAI & Resolution Foundation Webinar

We were delighted to be joined on Tuesday by our friends from the Resolution Foundation.

The Resolution Foundation is an independent think-tank focused on improving the living standards of those on low-to-middle incomes –

Their outstanding work on understanding the implications of this crisis on the economy has greatly shaped the policy debate across the UK. The webinar will provide an opportunity to hear first-hand about their research and to discuss the implications for Scotland.



You can listen to the webinar using the player above and through any of the major streaming platforms, or watch the video below.

Graeme Roy, Director, Fraser of Allander Institute.

Cara Pacitti, Researcher, Resolution Foundation
Richard Hughes, Research Associate, Resolution Foundation
Mairi Spowage, Fraser of Allander Institute
David Eiser, Fraser of Allander Institute

(2:44) Cara Pacitti: Findings from recent publication ‘Implications of Coronavirus for the UK Economy and Public Finances’
(10:45) Richard Hughes: The policy response successes and challenges so far and thoughts for improvements.
(19:45) Mairi Spowage: The implications for the Scottish economy, and the policy divergences that exist in Scotland. David Eiser will cover the implications for the Scottish fiscal framework and the Scottish Budget.
(30:41) David Eiser: Implications for the Scottish Budget
(43:11) Q&A
(43:55) The Outlook for the Minimum Wage?
(46:25) The outlook for poverty and inequality?
(50:00) The economic implications of exiting lockdown
(52:10) How might Scotland differ from the rest of the UK?
(56:09) How might Quantitative Easing be utilised?
(59:50) How might the Scottish Government use bonds to support the recovery?
(01:02:20) What are the intergenerational implications of higher debt?
(01:05:20) What sectors are likely to help more in aiding recovery?
(01:08:40) What the future might look like.


The Fraser of Allander Institute (FAI) is a leading economy research institute based in the Department of Economics at the University of Strathclyde, Glasgow.