Significant parts of the Scottish economy face worsening conditions due to the pandemic before restrictions are set to ease this year, according to the Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator (QEI).
Fraser Of Allander Institute
The Fraser of Allander Institute (FAI) at The University of Strathclyde has set out three possible scenarios for Scotland's economic growth in the wake of the coronavirus pandemic.
Despite the extension of the Job Retention Scheme, the majority of businesses in Scotland remain apprehensive' about the economic outlook, according to Addleshaw Goddard's Scottish Business Monitor.
The use of technology and the adoption of digital innovation within Scottish businesses has accelerated at an extraordinary level in response to the COVID-19 pandemic, according to a new report by Addleshaw Goddard in partnership with the University of Strathclyde’s Fraser of Allander Institut
The majority of Scottish firms say they plan to make redundancies once the UK Government's furlough scheme comes to an end, according to Addleshaw Goddard's latest survey of Scottish companies. The Addleshaw Goddard Scottish Business Monitor, produced in partnership with the Fraser of
Scotland's economy is on track to have contracted by over 19% during lockdown, according to the latest research from University of Strathclyde's Fraser of Allander Institute.
The Scottish Chambers of Commerce (SCC) has called for VAT to be cut in the hospitality and tourism industry to help businesses who have been hit the hardest by the coronavirus pandemic.
Scottish Government advisors are calling for ministers to levy more tax from Scotland's higher earners to boost the country’s economic recovery and relieve the burden on lower-paid Scots.
The Scottish economy is now in its deepest recession in living memory, according to the latest Economic Commentary by the Fraser of Allander Institute at the University of Strathclyde.
Newly-published research by the University of Strathclyde's Fraser of Allander Institute has revealed that the Scottish Professional Football League (SPFL) contributes over £200 million to the Scottish economy every year and supports 5,700 jobs.
The first major survey of Scottish businesses since the coronavirus outbreak has revealed that 85% of firms expect growth in the Scottish economy to be weak or very weak in the next 12 months, marking an increase of 53% in the previous quarter.
Scotland's GDP could contract by around 20-25% if the government-imposed coronavirus restrictions remain in place for three months, the University of Strathclyde's Fraser of Allander Institute has warned.
The coronavirus outbreak has already led to a sharp economic downturn in Scotland; one that will undoubtedly change the shape of our economy in the long-run, according to the Fraser of Allander Institute.
The University of Strathclyde's Fraser of Allander Institute has said that due to the outbreak of Coronavirus, we should expect a significant impact on the economy.