The University of Strathclyde
ONS have recently released some new experimental regional data which look at how households spend their money. This article looks at these data in more detail, exploring what they tell us about household consumption and saving across the UK.
One consequence of the recessions of the 1970s and 1980s was a permanent fall in demand for industrial property. They bequeathed thousands of empty buildings and vacant, often derelict sites. So, given the current crisis, what’s next for commercial property and town centres?
As per usual, there was some amount of confusion about what the Chancellor’s statement yesterday meant for the Scottish Budget. Different numbers mean different things to people. But the outlook for the Scottish budget in 2020/21 has changed substantially since it was published in March. So, what do we know?
The Chancellor today announced a number of measures designed to stimulate economic recovery in the wake of the coronavirus pandemic. Overall, whilst significant, it is clear that the Chancellor is keeping some options in his back pocket for the budget in the Autumn. And whilst it is right that we …
Fiscal event or not a fiscal event…. today’s announcements in a nutshell Read More »
Graeme Roy is joined by Mairi Spowage and Stephen Boyle of the Fraser of Allander Institute, and Professor Andrew Goudie of the University of Strathclyde to discuss the latest economic implications of the global crisis. The team discuss the current ongoing economic implications for the global, UK and Scottish economies, …
Ben Cooper is joined by Mairi Spowage, Deputy Director of the Institute and Aodhán Connolly, Director of the Northern Ireland Retail Consortium, to discuss how the current pandemic is affecting the retail sector in Northern Ireland. With an already turbulent number of years for the retail sector, we discuss what …
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 – www.resolutionfoundation.org Their outstanding work on understanding the implications of this crisis on the economy has greatly …
The Scottish Budget 2020/21 was published and agreed before Covid-19 was perceived as posing a significant health risk to the UK. This post examines how the policy response to Covid-19 will affect the size of the Scottish budget, the outlook for devolved revenues, and the financial risks the budget is …
Scottish budget risks and uncertainties – implications of Covid-19 Read More »
One of the striking things about this crisis is that, in many ways, we have known it has been coming. Pandemics have been a constant feature of global risk registers for a generation. Indeed, infectious diseases have featured regularly in the World Economic Forum’s annual Global Risks Report. The UK …
Just three weeks ago, the OBR published forecasts of 1.1% growth in 2020. How times have changed. On the very same day, the Chancellor warned us to ignore these forecasts and to prepare for a ‘significant impact’ on our economy. Since then the situation has deteriorated further. Hopes that …