How would an independent Scotland borrow?
This report from UK think tank the Institute for Government looks at how borrowing on international markets would affect an independent Scotland’s monetary policy. This report, published alongside a second paper on currency options for an independent Scotland, sets out how currency choice and needing to borrow from international markets would affect an independent Scotland’s...
Currency options for an independent Scotland
This report from UK think tank the Institute for Government looks at the currency choice for a newly independent Scotland. Any currency choice for a newly independent Scotland would require its government to bring borrowing down to a sustainable level and commit to low and stable inflation. This report, published alongside a second paper on...
Tax and spending questions facing the government in autumn 2021
This report from UK think tank the Institute for Government assesses the public finance forecasts and what these might mean for the multi-year spending review. Numerous spending pressures on government mean Rishi Sunak will face a difficult balancing act this autumn. Remaining committed to the letter of “the perverse” state pensions triple-lock will increase pressure...