Fiscal Policy

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The Scottish electorate is sophisticated, distinguishing between voting at different levels of election. While this has led to divergence in party support at different levels (though this might be about to change), the bulk of that vote tends towards the centre-left.   
 
Scotland is not inherently more left-wing than England. It does, however, tend to vote more consistently for social democratic parties. This makes the question of Scotland’s political economy pertinent.
 
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The latest Government Expenditure and Revenue Scotland (GERS) report published yesterday presented Scotland’s public sector accounts until 2013/14. It showed that Scotland had a net fiscal deficit (i.e. a gap between government spending and tax revenues) of £12.4bn in 2013/14. Expressed as a percentage of GDP and including a geographic share of North Sea oil revenues, this represents a deficit of 8.1%.
 
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Based on ten months of meetings and interviews, the Institute for Government has unveiled its findings in to the state of relations between the administrations in Belfast, Cardiff, Edinburgh and London. Robyn Munro, co-author of the report, outlines their findings.

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  • 17th January 2019

    Richard Parry assesses a memorable day in UK parliamentary history as the Commons splits 432-202 on 15 January 2019 against the Government's recommended Brexit route. It was the most dramatic night at Westminster since the Labour government’s defeat on a confidence motion in 1979.

  • 17th January 2019

    What is the Irish government’s Brexit wish-list? The suggestion that Irish unity, as opposed to safeguarding political and economic stability, is the foremost concern of the Irish government is to misunderstand and misrepresent the motivations of this key Brexit stakeholder, writes Mary C. Murphy (University College Cork).

  • 17th January 2019

    Brexit is in trouble but not because of the Irish backstop, argues the CCC's Michael Keating.

  • 16th January 2019

    Fellows of the Centre on Constitutional Change respond to the rejection of the Withdrawal Agreement by the House of Commons and the impending no-confidence vote in the government.

  • 11th January 2019

    Richard Parry assesses the unfolding drama at Westminster around no-deal scenarios. The deal ‘would be an uncomfortable outcome for the EU: providing quota-fee, tariff-free access to the EU market without any accompanying financial obligations; without any access to UK fishing waters in the absence of further agreement; and without any commitments to align with the majority of so-called level playing field arrangements’. For Tory leavers, what’s not to like in this negotiating triumph for Theresa May?

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