FAI Director Mairi Spowage and Deputy Direction João Sousa join economist Hannah Randolph to talk about fiscal policy decisions over the last week. We discuss the economic conditions leading up to the spring statement, the chancellor’s decisions and how they affect Scotland, and what might happen in the future.
Episode Notes
Participants
Dr Hannah Randolph, Economics Fellow, Fraser of Allander Institute, University of Strathclyde
Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde
Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde
Time stamps
(0:30) Economic conditions leading up to the spring statement
(16:15) What announcements were made and how do they affect Scotland?
(21:10) OBR estimates for policy costs and savings
(30:25) What fiscal policy changes might we expect later this year?
(37:40) What are the UK’s prospects for growth?
Authors
Hannah is a Fellow at the Fraser of Allander Institute. She specialises in applied social policy analysis with a focus on social security, poverty and inequality, labour supply, and immigration.
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.
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.