Scottish Government proposals for increasing taxes on higher earners to fund more generous benefits are more progressive than the rest of the UK, but are at risk of being avoided, the Institute for...
Ratings agency Moody’s has downgraded the UK’s credit rating for the third time in eight years, citing factors including a deterioration in the quality of the government’s fiscal decision-making.
An additional £3bn could be lost from the coronavirus-hit Scottish economy over the next two years if an extension to the Brexit transition period is not agreed, the Scottish Government has warned.
The assignation of almost £6bn in VAT revenues to the Scottish Government could be undermined by the “disappointing” failure of HMRC to produce timely data, Scotland’s official forecaster has warned.