Economy
Paying the price for net zero
European nations are retreating from climate commitments, exacerbated by rising costs and societal resistance. The new UK government and Scotland have reduced climate targets amid challenges posed by defense spending and economic demands. Both the…
Still spinning plates: the 2025 Scottish Budget
“There aren’t even any mathematical reasons (if anything, Council Tax reform and a land tax would have made it easier to win progressive votes in Parliament for the budget). There aren’t any objections from their…
How the Scottish Government’s net fiscal position has evolved
Ahead of Shona Robison’s December 4 Scottish Budget @Strath_FAI lays bare the fiscal numbers she’s grappling with – and urges greater transparency
Strangled by the purse strings
Unless, of course, the point is to keep that firm grip on the purse strings to actively prevent too much Local Authority autonomy – a view that has been expressed to me as a “good…
Eurosclerosis makes an unwelcome return
“Mario Draghi, former central banker turned technocratic premier, is warning the EU of a “slow agony” if it fails to invest in modernisation and catching-up on the US and China. That is no exaggeration. It…
Budgets, ideas and lethargy in the Scottish Government
“Questions like – are free tuition fees a better use of money than directing it towards reducing child poverty? – remain unaddressed. The Scottish Government is reactive to UK policy and funding and therefore constantly…
GERS 2023-24: The results are in!
“…the challenge is stark, with a likely deficit far in excess of the UK as a whole, other comparable countries or that which is deemed to be sustainable in the long-term. It is not enough…
The excessive price of the energy Union
“Energy is a clear example of how Scotland is being held back by being part of the UK. The price of Union is an energy policy set in the south of England which means Scotland’s…
Ending child poverty – hard facts vs empty promises
“All of this highlights the need for a well-constructed plan, not just pious words and hollow pledges. We’ll have to wait and see whether the UK Government’s Taskforce comes up with something concrete and viable.…
Political posturing over child poverty
Over 4m British children live in relative poverty and they are four times more likely to suffer mental health issues than better-off kids. Ending the two-child benefit cap is just one remedy.
Why Labour’s “borrowing to invest’ rule is no game-changer
“Changing from the borrowing rule to the ‘borrow-to-invest’ rule does nothing to change the fiscal space available to the Government so long as it remains committed to getting debt on a falling path by the…
Are there thousands of jobs at risk in North East Scotland?
“The energy transition does have to happen, oil and gas will decline, and policymakers must look to see how investment can be unlocked in these new technologies to ensure the transition happens in a way…