Scottish Parliament Building

Scottish Budget update

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?

Waiters wearing masks in a restaurant

Fiscal event or not a fiscal event…. today’s announcements in a nutshell

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 »

Scottish budget risks and uncertainties – implications of Covid-19

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 »

The timing of the Scottish budget 2020/21: implications, uncertainties and risks

So now we know: the UK Budget will be presented on 11 March, having been postponed from its original date of 6 November. What are the implications for the Scottish budget? It seems now inevitable that the Scottish budget will have to be published in some form before 11 March. …

The timing of the Scottish budget 2020/21: implications, uncertainties and risks Read More »