Economy

Why is inflation at its highest for decades?
As UK inflation hits a 10-year high of 5.1%, a leading Scottish economist asks why global prices are rising so fast – and what central banks must now do.

A Labour-SNP coalition is the answer to gridlock
“What Scotland needs is something similar: a Scottish Labour-SNP pact – probably after 2024 or 2026 – with or without the Greens to deliver social and economic modernisation, including the just transition, digital transformation and…

Time for the SNP to get serious
“The issues are whether and how an independent Scotland would make the transition, at what cost, paid for by whom, over how long and, crucially, what policies would be needed to get to a position…

Kate’s budget blues
“A core resource block grant in 2022/23 that is 8% higher than pre-pandemic might sound generous, but to deal with the pandemic’s legacy and underlying public services pressures it is anything but. In this context,…

Scotland’s Left must move beyond slogans
Substantial powers are held by Holyrood that could be used to build a strategy that would deliver on the promise made of Scotland becoming the “Saudi Arabia” of renewables. The opportunity and moment may soon…

Jobs and a just transition can deliver climate ambition
“Governments should work with unions and employers to ensure green jobs: offer good wages, benefits and job security; provide better training and advancement opportunities; give workers the right to organise, and are safe and accessible…

Christie can’t wait another decade
“For now, there’s a mismatch between the Scottish Government’s vision of a more successful Scotland – where poverty is reduced, and economic growth is sustainable – and how we assess public sector performance. I am not convinced that public…

GERS 2020-2021: time for honest debate
“today’s numbers set the starting point for a discussion about the choices and challenges that need to be addressed by those advocating independence or new fiscal arrangements. It is not enough to say ‘everything will…

A sustainable web
‘Research estimates that by 2025, the IT industry could use 20% of all electricity produced and emit up to 5.5% of the world’s carbon emissions. That’s more than most countries’ total emissions bar China, India and…

#SP2021: it’s the economy…
“The manifestos have fallen short on the level of financial detail behind their plans.” And so has the debate. Parties need to be more transparent about their fiscal options…

Declutter the Scottish economy
“Growth is slowing. Inequalities are rising. With Covid adding its own malign legacy to the challenges ahead, we need to sweep away a lot of that accumulated institutional clutter. And we need politicians prepared to…

Letter to indy Scotland’s first finance minister
“And even though, with Scotland as an independent country, your policy options would be much greater, you have to be constantly aware of the trade-offs involved and the limitations on your power to influence the…
