Category: Economics
What does the Autumn Statement mean for Scotland?
“As these are devolved matters, the Scottish Government receives this funding but is under no obligation to match the policies announced by Westminster. For example, the retail, hospitality and leisure relief is a repeat of the measure for 2023-24, which the Scottish Government decided not to pass on and spent elsewhere. So this is one…
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How much will an extra Scottish Income Tax band raise?
An extra band of income tax at the higher rate charged on good earners would raise money for the Scottish exchequer but less than anticipated…
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What’s in the new Programme for Government? Look in the long grass
Humza Yousaf’s first programme for Government kicks several big fiscal and other policy issues into the long grass.So, do we have to wait till the Scottsh Budget likely on December 14?
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Let’s make interest rates zero – permanently
“The idea of permanent zero rates is far outside the mainstream of economic thinking. But perhaps (Joan) Robinson was right to suggest it as a viable compromise between capitalism and more radical alternatives: rewarding entrepreneurship without compounding inequality or incentivising the unsustainable use of resources. At a time like this, it’s an old idea well…
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