Scotland’s Budget Report 2023 [Podcast] EP76

Randolph, Hannah and Spowage, Mairi and Sousa, Joao (2023) Scotland’s Budget Report 2023 [Podcast] EP76. Fraser of Allander Institute, Glasgow.

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Abstract

FAI economist Dr Hannah Randolph is joined by our director Professor Mairi Spowage and deputy director João Sousa to discuss our newly published Budget Report. The panel talk about the challenges surrounding the Scottish Budget, the likely funding gap that will need to be addressed by Deputy First Minister Shona Robison, the difficulties in planning for the long-term in the Scottish context and how Scottish Income Tax could be reformed. Timestamps: (00:25) The challenging backdrop to the Scottish Budget (05:28) The impact of the Autumn Statement on the Scottish Budget (08:33) Spending commitments from the Scottish Government since the Medium-Term Financial Strategy (13:55) Options for reforming Scottish Income Tax (22:51) The Scottish Government’s constraints on borrowing (26:49) Main areas to look out for on Budget Day