The University of Strathclyde
There has been much debate since yesterday’s Scottish Budget for 2017-18 about the settlement for local government and local services. The Scottish Government have argued that there is more money for local services, whilst others – primarily the opposition and local government – argue that local government budgets are being …
Local Government Settlement? So who is right? (Well both are!) Read More »
This was a revenue-raising budget to fund investment in public services, but one that kicks some of the more difficult spending decisions into future years.
Fraser of Allander Institute, December 2016 One of the central elements of this week’s Scottish Budget will be the outlook for capital spending and an update on the detailed list of infrastructure projects – in transport, housing, schools and hospitals – that the government will take forward over the next …
The outlook for capital borrowing in the Scottish Budget Read More »
Fraser of Allander Institute, November 2016 Autumn Statement 2016 will be remembered for the unprecedented scale of its revisions to economic and fiscal forecasts, rather than its comparatively modest policy announcements. Just eight months ago, George Osborne had laid out a budget that was expected to see the UK public …
Autumn Statement 2016 and implications for Scotland Read More »
Today we have published our first Scotland’s Budget report – for 2016 – at an event in Edinburgh attended by all parties and representatives from Scotland’s business, third sector and public sector communities. Scotland’s Budget: 2016 provides an objective assessment of the outlook for Scotland’s finances and the choices, challenges …
Graeme Roy, David Eiser and Anna Murray On Tuesday we’ll be publishing our new annual report – Scotland’s Budget 2016 – at a conference in Edinburgh. The report will set out the key opportunities and risks facing Derek Mackay as he prepares to deliver his first Draft Budget later in …
Today the First Minister announced welcome measures to try to stimulate the Scottish economy in the aftermath of the Brexit vote. The major element announced today is a package of £100m to be spent on capital projects this financial year – as we called for in our Special Issue Fraser …
Anna Murray & Graeme Roy, Fraser of Allander Institute, Department of Economics, University of Strathclyde The uncertainty over Brexit has dominated much of the debate in Scotland in recent weeks. This will undoubtedly remain the case in the months (and years) ahead. It’s easy to forget that in just under eight …
David Eiser, Fraser of Allander Institute What does the Brexit vote mean for the Scottish Government’s budget? In the short-term, (i.e. until the UK formally leaves the EU), the answer essentially depends on two things. First, how much the UK fiscal outlook worsens as a result of the subsequent economic …
Brexit: fiscal implications for the Scottish Government Read More »