Tag: scottish economy
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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Industrial strategy for Scotland 2
“There’s growing agreement on the need for an industrial strategy in Scotland. The immediate question for the SNP government in Scotland and the next government in London is whether they are prepared to expend the time and energy to deliver one, now. Yousaf has started an important debate: we hope to see positive and practical…
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Scottish economy outperforming the UK but for how long?
Looking forward to the Scottish Budget on Dec 19, the FAI says: “With monetary policy determined at UK level and little in the way of manoeuvre on its own fiscal stance, the Deputy First Minister’s decisions will need to deliver a budget that takes all these constraints into account, and some large parts of her…
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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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GERS 2023: uptick in oil revenues narrows the budget deficit
“And here 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…
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