Decentralising the financial system could rebalance growth across the country - and help local authorities as they become increasingly reliant on business rates, suggest Ben Gardiner and Ron...
Real income growth has ground to a halt after five years of recovery, with lowest income households hardest hit because of cuts in benefits and tax credits.
The mass devolution of social security benefits next year represents a “very significant fiscal risk” to the Scottish budget, according to the body responsible for Scotland’s economic forecasts.
The Scottish Government is facing a budgetary shortfall of £1bn over the next three years in the wake of updated forecasts, which more accurately reflect income tax receipts north and south of the...
Public sector net borrowing in the UK in April was £5.8bn – £0.03bn less than in April 2018. This represents the lowest April borrowing figure since 2007, official statistics have revealed.
The potential of the new Scottish National Investment Bank will be compromised if it is limited to funding only commercial activities, the Scottish Government has been warned.
The SNP has backed plans to introduce a new Scottish currency “as soon as practicable” after independence, overturning the policy of the party leadership to adopt a more gradual transition from...
Our strategic authorities and city regions should be given a seat at the table of international trade for the sake of delivering place-prosperity, argues Localis’s Joe Fyans.
Britain’s government has launched a club to help Latin American companies that invest in the country and will celebrate their contribution to the economy with a new award.
Public services will have to continue to cope until funding decisions are announced in the Spending Review, says the Institute for Fiscal Studies’ director Paul Johnson.
The Spring Statement gave a hint the chancellor may be rethinking fiscal objectives, says chief economist at the Institute for Government Gemma Tetlow.
The chancellor has announced that assuming a Brexit deal is agreed and “uncertainty lifted”, he will launch a “full three-year spending review” before the summer break.
The public sector ran a £15bn surplus in January – the biggest on record for that month – as a result of strong taxes coming in, official figures have revealed.
A no-deal Brexit risks pushing Scotland into recession, doubling unemployment and creating a “major dislocation” to the economy, according to the Scottish Government’s chief economist.
The success of the planned £2bn Scottish National Investment Bank could be undermined by inadequate capitalisation and vulnerability to political interference, the Scottish Government has been warned.