Category: Economics
Fiscal sustainability and the Scottish budget
The draft Scottish Budget raised concerns regarding financial planning, particularly about the Funding shortfall for Employer National Insurance and the late commitment to mitigate the two-child limit on benefits. Mitigation aims to help families affected by this policy, but fiscal sustainability and proper planning are crucial to effectively address child poverty targets by 2030.
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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 in catch up mode.”
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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 to say ‘everything will be fine’ or ‘look at this country, they can run a sensible fiscal balance so why…
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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 end of the forecast.”
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Swinney must move beyond old orthodoxies
Scotland cannot transform its economy using the policy playbook from the 1990s, argues this leading economic commentator/analyst. It needs a huge injection of low-carbon investment (and more) to meet net zero and make the just transition.
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