The latest on the Scottish and UK economy from a leading independent economic research institute based in the University of Strathclyde.
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What is CPI? Inflation statistics and how we can understand them
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FAI economist Hannah Randolph is joined by Luke Michaelides and Phil Gooding from the Office of National Statistics (ONS) Consumer Prices team to talk about inflation statistics. We cover what measures of inflation are produced by ONS, how they differ, and recent developments in methodology and the data underlying the statistics. We end by discussi…
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Quantifying Glasgow's Emissions Reductions: A Data-Driven Analysis from 2005 to 2022
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(0:00) - Introducing the GEMINOA project - background and context (1:16) - Key findings: Glasgow's 46% emissions reduction National grid decarbonisation impact Sector-by-sector breakdown (3:32) - Local policy measurement challenges: (7:30) - Economic implications: (11:00) - Future outlook: GEMINOA project developments Policy implications Upcoming r…
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Big taxes, big spending: A first look at the UK budget statement
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In our 100th podcast episode, FAI Director Mairi Spowage and Deputy Director João Sousa join economist Hannah Randolph to discuss what was announced in the UK budget statement and how it will affect Scotland. We also talk about whether OBR publications alongside the budget shed more light on the budgetary "black hole" left by the previous governmen…
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Rachel Reeves' first budget: What can we learn from historical budgets?
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Deputy Director João Sousa joins FAI economist Hannah Randolph to discuss our expectations for the budget statement on Wednesday as well as what we can learn from past chancellors' first budgets and the role of the OBR in the budget process. To read more about past chancellors' first budgets, check out the details here: https://fraserofallander.org…
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Serving the Future: Reflecting on our hospitality research during Challenge Poverty Week
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In this episode, Brodie Gillan is joined by Chirsty McFadyen, and Laura Robertson, who is a Research Manager at the Poverty Alliance. Brodie, Chirsty, and Laura discuss the Serving the Future project in the context of Challenge Poverty Week. Serving the Future is a three-year action research project working with hospitality employers and workers fu…
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Our latest quarterly economic commentary
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(00:35) Mairi discusses the headlines from our commentary publication, covering the main indicators of economic conditions (03:55) Douglas reflects on whether this chimes with the experience he is having with clients (07:12) Mairi, Joao and Douglas discuss the latest data on Scottish Income Tax, and our old friend fiscal drag (15:03) Mairi and Joao…
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The Equality Act and Disability - language, employment and learning disabilities
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Episode Notes In this episode, Hannah Randolph is joined by Chirsty McFadyen who leads on our learning disabilities employment research. Hannah and Chirsty discuss the Equality Act and its implementation issues, as well as some of our latest findings from speaking to employers. We are also joined by Liam Brown, Entrepreneurial Executive at Young En…
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Fiscal Audits and Spending Controls - unpacking the recent announcements
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Institute Deputy Director Emma Congreve is joined by fellow Deputy Director Joao Sousa and Director Professor Mairi Spowage to discuss all the fiscal announcements over the last month and what they mean for Scotland.Af Joao Sousa, Mairi Spowage, Emma Congreve
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Our annual GERS-planation: GERS 2024
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Director Mairi Spowage and Deputy Director João Sousa join FAI economist Hannah Randolph to discuss GERS statistics for 2023-24, including the net fiscal balance, details of changes in revenues and spending, how Scotland compares to other UK nations and regions, and what it all means for the independence debate. GERS 2023-24 can be found on the Sco…
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Developments in Scottish Income Tax with Laura Gardiner, OBR Deputy Chief of Staff
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FAI Deputy Director João Sousa is joined by OBR Deputy Chief of Staff Laura Gardiner to discuss the OBR's recent work on the drivers of the growing gap in income tax paid per person in Scotland relative to the UK average. Find the OBR's working paper on devolved income tax at: https://obr.uk/forecasts-in-depth/forecast-methodology/#working More OBR…
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Immigration in Scotland: Trends, attitudes, and policy
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Participants Dr Hannah Randolph, Economic Fellow, Fraser of Allander Institute, University of Strathclyde Professor Rebecca Kay, Senior Researcher, Migration Policy Scotland Time stamps (0:20) Context: Immigration trends in Scotland (1:40) What are current attitudes towards immigration like in Scotland? (6:45) What views do people have on the contr…
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2024 General Election wash-up: What we expect from the new Labour government
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22:33
Participants Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Emma Congreve, Deputy Director, Fraser of Allander Institute, University of Strathclyde Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Time stamps (0:20) New cabinet and expectations for a fiscal eve…
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2024 General Election: All your final questions answered
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1:06:20
PARTICIPANTS Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde TIME STAMPS (00:40) Main policy areas in the party manifestos…
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2024 General Election weekly update #4
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PARTICIPANTS Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde TIME STAMPS (0:20) Are plans to increase tax compliance credi…
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2024 General Election mid-week update #4
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PARTICIPANTS Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde TIME STAMPS (0:20) Fiscal headroom, economic growth, and the …
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2024 General Election weekly update #3
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31:31
Participants: Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (0:20) New inflation numbers and BoE interest ra…
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2024 General Election mid-week update #3
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18:38
Participants: Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (0:20) Are the parties' costings and funding pla…
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2024 General Election mid-week update #2
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Participants Ben Cooper. Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps (00:51) Initial reactions to the manifestos published this we…
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2024 General Election weekly update #2
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31:55
Participants: Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (00:20) £2k rise in taxes per household to fund Lab…
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2024 General Election mid-week update #1
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26:31
Participants: Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (0:30) First GE debate in Scotland (8:50) Immigrati…
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2024 General Election weekly update #1
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34:52
Participants: Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (00:45) Commitments on tax so far (08:30) NHS fundi…
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Participants: Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (00:30) Intro to FAI coverage of the General Electi…
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Scotland's disability employment gap
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Jack and Allison go over findings from the Scottish Government's recent household poverty publication, which shows that households with have at least one disabled adult are more likely to be in poverty than households without. This recent finding feeds into work that the FAI did in collaboration with the Scottish Parliament Information Centre over …
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Understanding New Routes and a guide to throughcare with The Wise Group
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Chair: Benjamin Cooper, Associate Economist, Fraser of Allander Institute, University of Strathclyde Guests: Tony Shemwell, The Wise Group Hamish Robertson, The Wise GroupAf benjamin cooper, tony shemwell, hamish robertson
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Participants: Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (00:30) The state of the Scottish economy (03:20) Scotland's pandemic recovery (07:40) Last thoughts on the Scottish Budget (09:50) Futu…
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Participants: Dr Hannah Randolph, Associate Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (00:30) Challenges in economic forecasting; growth …
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Participants: Dr Hannah Randolph, Economist, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (00:25) The challenging backdrop to the Scottish Budget (05:2…
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Participants: João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde Professor Mairi Spowage, Director, Fraser of Allander Institute, University of Strathclyde Timestamps: (00:28) Economic forecasts for growth and inflation (03:03) Fiscal drag and its consequences (06:50) National Insurance cuts (08:45) Spending settle…
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What to expect in the upcoming Autumn Statement
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Chair: Kate Milne, Assistant Economist, Fraser of Allander Institute Guests: João Sousa, Deputy Director, Fraser of Allander Institute Timestamps (00:21) What can we expect from the budget next week? (02:13) Could recent GDP revisions lead to looser fiscal policy? (04:46) How might households and businesses be affected? (06:49) What could the Chanc…
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Podcast: Data on people with learning disabilities
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Chair: Hannah Randolph, Associate Economist, Fraser of Allander Institute Guests: David Jack, Economic Fellow, Fraser of Allander Institute Chirsty McFadyen, Associate Economist, Fraser of Allander Institute Timestamps: (00:25) Previous work on learning disabilities (01:45) Data on people with learning disabilities (11:15) Recommendations for data …
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Weekly update - An economic update and discussion of the SBM
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18:34
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18:34
Chair Ben Cooper, Associate Economist Guests Adam McGeoch, Fellow Economist Timestamps (00:30) A general economic update (07:50) Are we heading for a recession? (10:54) Are businesses feeling more optimistic? (14:09) What are the main issues concerning firms right now?Af Ben Cooper, Adam McGeoch
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Weekly update - Emma and Jack discuss GDP, IMF forecast and the road ahead for the new FM
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Timestamps (00:24) Latest GDP data from the ONS (02:30) IMF forecast of UK economy in 2023 (05:08) UK Statistical Authority weighs in on proper use of data (07:48) What have we seen so far from the FM (09:37) The road ahead for Humza YousafAf Emma Congreve, Jack Williamson
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Weekly update - A review of our latest economic commentary
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16:38
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Chair Ben Cooper, Associate Economist Guests Professor Mairi Spowage, Director Hannah Randolph, Economic and Policy Analyst Timestamps (00:31) The latest findings from the Economic Commentary (02:43) A review of the latest Scottish and UK economic data (04:16) What does the data suggest about the ongoing cost of living crisis? (05:55:) Economic ina…
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Chair: Calum Fox, Economist, The Fraser of Allander Institute. Guest: Mairi Spowage, Director, Fraser of Allander Institute. Time Stamps: (00:48) The OBR's GDP forecast. (02:52) The OBR's inflation forecast. (O4:22) The UK's public finances. (07:31) What is the UK budget and why is it important? (09:36) What additional funding does the Chancellor's…
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Weekly Update from Director Mairi Spowage
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Chair: Kate Milne, Assistant Economist, Fraser of Allander Institute Guests: Professor Mairi Spowage, Director of the Fraser of Allander Institute Timestamps: (00:25) Latest GDP figures (03:00) Energy prices (05:40) Energy Support Scheme (07:45) Looking ahead - the Scottish Business Monitor 100th Quarter and export activity (11:00) Productivity and…
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Weekly update - stats, stats, and more stats
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Chair: Jack Williamson, Economist, Fraser of Allander Institute Guest: Professor Mairi Spowage, Director, Fraser of Allander Institute Time stamps: (00:40) Latest GDP figures (04:21) Length and depth of the looming recession (06:08) Latest Labour Force Survey data (09:28) Latest inflation figures (12:39) Core inflation (15:23) How well is the Centr…
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Chair: Ben Cooper, Associate Economist, Fraser of Allander Institute Guests: Adam McGeoch, Economist Fellow, Fraser of Allander Institute Timestamps: 00:34 - What is the Scottish Business Monitor? 02:24 - Why was the latest survey significant for the institute? 04:15 - What are the key takeaways from the latest survey? 06:25 - What are the biggest …
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The implications of the Scottish Budget
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Chair: Ciara Crummey, Economist, Fraser of Allander Institute Guests: Professor Mairi Spowage, Director of the Fraser of Allander Institute Timestamps: (00.22) Key changes announced in the December budget (03.22) Were there any surprise announcements? (08.14) Effect on consumers and businesses (11.18) How has the budget been received? (13.14) How t…
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Weekly Update - Mairi and David discuss the Autumn Statement
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20:44
Chair: Kate Milne, Economist, Fraser of Allander Institute Guests: Professor Mairi Spowage, Director of the Fraser of Allander Institute, and David Eiser, Deputy Director Timestamps (00:30) Main takeaways from the Autumn Budget Review (03:25) Were there any surprises? (08:00) Has enough been done to ease the long recession ahead? (12:00) Support fo…
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Are we in a recession? And, what to expect from Thursday's Autumn Budget Review...
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10:02
Chair: Allison Catalano, Economist, Fraser of Allander Institute Guest: Professor Mairi Spowage, director of the Fraser of Allander Institute Timestamps (00:30) Updates on the Scottish labour market and United Kingdom GDP (01:45) Is the UK already in a recession? (02:40) Drivers of poor growth (4:05) The impact of Thursday's Autumn Budget Review on…
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Latest Data on the Scottish and UK Economy
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(2:14) Discussion of the recent mini-budget and market reaction (6:00) Discussion about the upcoming Bank of England reaction to the mini-budget and Scottish options for the medium-term fiscal policy (9:05) Discussion of updated economic forecasts, inflation, and contractions for the coming year and Q4 2022 (11:20) Discussion of Scottish labour mar…
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Weekly Update: Director Mairi Spowage answers your GERS questions
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19:14
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19:14
Link to the Office for National Statistics (ONS) data on Country and Regional Public Sector Finances, mentioned in the podcast: https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/articles/countryandregionalpublicsectorfinances/financialyearending2021 Music by Lesfm from Pixabay…
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A discussion of yesterday's spending review
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21:58
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21:58
Chair Mairi Spowage, Director, Fraser of Allander Institute Guests David Eiser, Deputy Director, Fraser of Allander Institute Timestamps (00:30) Initial takeaways from the spending review (05:20) Discussion of latest economic forecasts (07:55) Discussion of income tax (13:45) What did we not find out? (19:03) What happens next in the process?…
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Social enterprises and learning disabilities
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20:11
Fraser of Allander Rob Watts The Usual Place Heather, Jessica, Luke, Jack and Ben Timestamps (0.34) What is The Usual Place? (2.08) How did The Usual Place come about? (4.09) Why is there a need for social enterprises like The Usual Place? (7.05) Funding The Usual Place? (9.47) Lessons for society on how to better support young people with addition…
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A review of today’s FAI Quarterly Economic Commentary with Deloitte, December 2021
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29:26
Chair David Eiser, Fraser of Allander Institute Guests Mairi Spowage, Fraser of Allander Institute Steve Williams, Deloitte Timestamps (00:35) – What are the main findings in our Commentary today? (02:30) – How has the Omicron variant impacted the FAI's forecasts? (05:00) – Steve, Mairi has talked about the impact that restrictions could have on bu…
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Key messages from yesterday's Scottish Budget
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18:05
(00:37) Main reflections on the Budget (03:22) Key tax announcements (09:15) Announcements – or not – on council tax (12:03) Social care spending increases starting to come through (13:45) Scottish child payment & child poverty measures (15:40) Local Government Funding impactsAf Mairi Spowage, David Eiser, Emma Congreve
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COP26: How can businesses be helped to think about their environmental responsibilities??
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21:03
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21:03
(00:49) What does ITP Energised do? (02:45) How have your operations changed in recent years? (04:38) How important is the rise of “sustainable” or “green” finance in the progress towards net zero? (05:58) What opportunities are there for the energy transition in Scotland for supply chain development? (08:17) How are skills mismatches affecting the…
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Chair Stuart McIntyre, FAI Guests Mairi Spowage, FAI David Eiser, FAI Time stamps (01:10) What are the key economic headlines from yesterday's budget? (04:30) Do you think heightened uncertainty may result in less spending in future budgets? (06:20) What are the key fiscal issues from the budget? (09:10) What does all of this mean for Scotland? (11…
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Chair Emma Congreve, FAI Guests Chris Birt, JRF Peter Kelly, Poverty Alliance Time stamps (00:53) Background to Challenge Poverty Week (08:32) Summary of JRF Poverty in Scotland 2021 (11:49) Overview of FAI modelling work on child poverty (15:01) Discussion on the child poverty targets Link to challenge poverty week: https://www.challengepoverty.ne…
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Learning disabilities, the third sector and relationships
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35:36
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35:36
Timestamps: (01:32) What is get2gether? (03:49) What members have learned at get2gether and why this matters. (11:35) Sex education for people with learning disabilities. (16:42) Why people with learning disabilities often have low expectations of relationships. (22:32) The barriers to making progress. (24:13) Relationships and The Keys to Life. (2…
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