Brexit uncertainty and the Scottish economy: Is winter coming?

Last week the Governor of the Bank of England warned that Brexit has created a “high level of uncertainty” and “companies are holding back on making big decisions”.

Earlier this month, the Bank cut its growth forecast to just 1.2% for 2019. If this turns out to be correct, this will be the slowest year of growth since the financial crisis.

Not all of this is down to Brexit.

Some of the revision reflects a weaker global economic outlook – with data out last week showing that Germany has just avoided entering recession by the narrowest of margins.

With the data pointing to a lowing UK economy, what is the latest data telling us about how well the Scottish economy is holding up?Continue reading

February 18, 2019

The impact of economic downturns upon the energy transition

This blog discusses research in progress by David Comerford & Alessandro Spiganti, entitled “The Energy Trap”, which was presented at the Royal Economic Society conference at the University of Sussex on 27th March 2018. The presentation slides can be found here. The purpose of this blog is to describe this early stage research, which is at the stage of being presented to an academic conference, to a non-technical audience.

Continue reading

April 23, 2018

Trades House Lecture – Text

Our Director, Graeme Roy, delivered the annual Trades House Lecture yesterday titled: ‘Opportunities for Scotland in an unsettled world’.

Below is the text of his lecture.

The text of his remarks can be downloaded here.

For more information about the Trades House Lecture, see here: http://www.tradeshouse.org.uk/education/trades-house-annual-lecture.aspx

May 24, 2017