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Fitch Report discusses credit ratings in event of independence

Fitch Ratings has issued its report on UK: Rating Implications of Scottish Independence. The report explores the risk to the UK in the event of Scottish indepdence. The report acknowledges that the 'devil is in the detail', and the process and outcome of complex negotiations would impact the rating accorded to the United Kingdom. It outlines several key areas of concern:

National Institute of Economic and Social Research at the Royal Economic Society

National Institute of Economic and Social Research at the Royal Economic Society

Scottish Independence and its Macroeconomic Framework

Greens launch report on jobs and emerging industries

Green Yes, the Scottish Green Party’s campaign for a Yes vote in the independence referendum, issued a report highlighting the choices an independent Scotland could take to create better jobs and grow emerging sectors of the economy.  

The paper, titled “Jobs-rich, Fair and Flourishing: An Economy For All” was launched by party leader and MSP, Patrick Harvie MSP during a visit to a games developer in Dundee.  

ESRC teams bring Referendum insight to Major Economic Conference

Researchers from  the ESRC Future of the UK and Scotland  teams will be presenting their research on Scotland’s economic outlook and the constitutional debate at  the Royal Economic Society's (RES) annual conference this Tuesday (8th April). The presentations will be webcast live from the University of Manchester.

Weir publishes Oxford Economics report on business implications of independence

The Weir Group PLC (Weir) has published a report commissioned by the company and carried out by Oxford Economics which discussesses the potential implications for businesses in an independence scenario. The engineering firm sought to analyse the ramifications of independence on currency and funding costs, implications for trade flows, taxation, and pensions.

Referendum debate sparks new thinking on workplace relations

Research conducted at the Universities of Strathclyde and Oxford has found that the referendum debate is having a significant impact on workplace and employment relations in Scotland.

In a report to be published today (March 31) by the Work, Employment, Skills and Training: Where next for Scotland? (WEST) project, the findings indicate that Scotland is taking a radically different direction to the rest of the UK as it looks to improve important employment relations policies.

David Bell and David Eiser examine the financial implications of Scottish Labour proposals for the devolution of certain welfare benefits. 

The Scottish Labour Party has proposed further powers for the Scottish Parliament. They are perhaps not as radical as might have been expected, but the argument is that rights that are enshrined at UK level – such as free health and education – should be paid for from UK tax resources. This leaves around 40 per cent of spending that could be directly paid by Scottish taxes.

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Latest blogs

  • 19th February 2019

    Over the course of the UK’s preparations for withdrawing from the EU, the issue of the UK’s own internal market has emerged as an issue of concern, and one that has the potentially significant consequences for devolution. Dr Jo Hunt of Cardiff University examines the implications.

  • 12th February 2019

    CCC Fellow Professor Daniel Wincott of Cardiff University examines how Brexit processes have already reshaped territorial politics in the UK and changed its territorial constitution.

  • 7th February 2019

    The future of agriculture policy across the United Kingdom after Brexit is uncertain and risky, according to a new paper by Professor Michael Keating of the Centre on Constitutional Change. Reforms of the EU’s Common Agricultural Policy over recent years have shifted the emphasis from farming to the broader concept of rural policy. As member states have gained more discretion in applying policy, the nations of the UK have also diverged, according to local conditions and preferences.

  • 4th February 2019

    In our latest report for the "Repatriation of Competences: Implications for Devolution" project, Professor Nicola McEwen and Dr Alexandra Remond examine how, in the longer term, Brexit poses significant risks for the climate and energy ambitions of the devolved nations. These include the loss of European Structural and Investment Funds targeted at climate and low carbon energy policies, from which the devolved territories have benefited disproportionately. European Investment Bank loan funding, which has financed high risk renewables projects, especially in Scotland, may also no longer be as accessible, while future access to research and innovation funding remains uncertain. The removal of the EU policy framework, which has incentivised the low carbon ambitions of the devolved nations may also result in lost opportunities.

  • 1st February 2019

    The outcome of the various Commons votes this week left certain only that the Government would either secure an amended deal and put it to a meaningful vote on Wednesday 13 February, or in the overwhelmingly likely absence of this make a further statement that day and table another amendable motion for the following day, the Groundhog Day that may lead to a ‘St Valentine’s Day Massacre’ for one side or the other. Richard Parry assesses the further two-week pause in parliamentary action on Brexit

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