After 18 months where people have had their wages paid by the chancellor, nobody in Scotland needs any reminder of how important the budget is to our day to day lives. After an extraordinary year the collectively face extraordinary challenges. From the cost of living crisis, funding our public services to saving the planet, now is the time for government action. Many people will be asking how this budget is going to impact themselves, their family and their business.
Chair: Professor Ronnie MacDonald
Research Professor in Macroeconomics and International Finance in the Adam Smith Business School at Glasgow University, Ronald is one of the country’s leading economists. He has advised governments, international institutions, and businesses across the world, and has provided expert advice to both the Scottish and UK Parliaments. He is also a leading proponent of the new Hydrogen economy and has written widely about its potential benefit for Scotland. He lives on Skye.
The Opportunity to Start: How the UK and Scottish Government Can Help Young People After the Pandemic
Across the world, while the health impact of the COVID virus has fallen on older people, the longer-term economic effects have disproportionally hurt the young. As the International Labour Organisation has put it, the closure of businesses and job losses, combined with lockdown measures which have made it much more difficult to search for work, have made it harder for young people to secure a foothold. As we emerge from the pandemic, there is a real and present danger that the “COVID generation” of 18-25 year olds coming through this crisis are set at a permanent disadvantage compared to their elder peers. Our governments must now work together to ensure their long-term life chances are not also damaged permanently from the COVID crisis.
The UK and Scottish Governments must work together to prevent as many as 70,000 young Scots falling into unemployment, a new report by Our Scottish
Our other Commissions
Sign up here.
Stay up to date with all of our work by subscribing to our mailing list.