Tag: oil
What do the latest GERS numbers show?
‘Changing the constitutional set-up doesn’t alter the fact that these fiscal challenges need to be addressed by all governments in all countries. Today’s figures show that a more autonomous Scotland will be forced to meet such challenges sooner rather than later.
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Scotland’s GDP: reasons for concern
It is critical that both the UK and Scottish Government act to support the Scottish economy. Poor economic growth has implications for growth in jobs and wages, as well as the resources available to both governments to fund public services.
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Osborne sets sail for wrong Budget goal
George Osborne’s eighth Budget is unravelling as each day passes. Here a leading Stirling Uni economist suggests it’s his direction of travel that’s wrong. Time to relax the fiscal rule and invest for the future.
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Taxing cocktail of political risks for SG
Something will have to give if Nicola Sturgeon is to finance her admirable policy wish-list for the next five years. After the UK Budget we can only see a shortfall that will have to be made good by – what? The SG’s tax-and-spend options are unclear.
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Planning for a post-oil Scotland
The oil price shows no sign of recovery any time soon; thousands of jobs are being lost; the big producers have left the North Sea and the smaller ones are following suit. Scotland needs to start real planning for the post-oil – and post-carbon – economy.
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