Higher defence spending will be offset in the short term by lower spending on overseas aid ...

This report analyses the Scottish Government’s Budget for 2025–26, with chapters on tax strategy, school spending, public ...

Peru’s experience highlights the importance of fiscal redistribution in taking advantage of natural resource wealth.

How have public sector pay and employment changed in Scotland in recent years and what are the implications of those changes?

By 2040, the number of pupils in Scotland is projected to be 90,000 lower than in 2024. Policymakers face a major choice over ...

Today, the Office for National Statistics published new figures on government revenues, spending and borrowing.

The OBR forecast will underpin the Chancellor’s decisions at the next Spring Forecast. As the OBR comes up with its forecast, ...

We borrowed and spent more than other countries to respond to the pandemic and the sharp rise in energy prices two years ...

The Scottish Government has a range of tax powers at its disposal, which it has used in recent years to forge an increasingly distinct tax policy from the rest of the UK. In its 2025–26 Budget, the ...

Scotland’s Budget for 2025–26, published in December, announced an immediate increase in the surcharge in land and buildings transaction tax (LBTT) on the purchase of second and rental homes, from 6% ...

Kate Ogden, Senior Research Economist at the Institute for Fiscal Studies (IFS), said: “The government yesterday published the final local government finance settlement, which confirmed final funding ...