Published:

Fiscal Policy and Tax, Scottish Budget, UK Budget

Podcast: Autumn Statement reaction

João Sousa, deputy director of the Fraser of Allander Institute, is joined by Professor Mairi Spowage, the Institute’s Director, to react to the Autumn Statements: the outlook for growth, the tax and spending announcements, and what it all means for Scotland.

Participants:

  • João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde
  • Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde

Timestamps:

(00:28) Economic forecasts for growth and inflation

(03:03) Fiscal drag and its consequences

(06:50) National Insurance cuts

(08:45) Spending settlements for departments and devolved administrations remain tight – are they realistic?

(13:03) Consequences for Scotland

(17:17) What does this mean in the context of a looming general election?

Authors

João is Deputy Director and Senior Knowledge Exchange Fellow at the Fraser of Allander Institute. Previously, he was a Senior Fiscal Analyst at the Office for Budget Responsibility, where he led on analysis of long-term sustainability of the UK's public finances and on the effect of economic developments and fiscal policy on the UK's medium-term outlook.

Mairi is the Director of the Fraser of Allander Institute. Previously, she was the Deputy Chief Executive of the Scottish Fiscal Commission and the Head of National Accounts at the Scottish Government and has over a decade of experience working in different areas of statistics and analysis.