Why is this Glasgow think-tank now, for the first time, trying to cast doubt on the SNP’s balanced budgeting in the months just before an election?
By stewartb I’d like to draw attention to an interesting line of argument being promoted by the Fraser of Allander Institute (FAI) in its ‘Scotland’s Budget Report 2026-27’ (January 9, 2026). In Chapter 1 on ‘Fiscal Outlook’, the FAI goes to great lengths in seeking to undermine the claim that the Scottish government balances its budget. It states: ‘.. an interested observer will be surprised to hear that the apparent definition used by the Scottish Government of a balanced budget includes borrowed funds. When the Budget Bill is set out and in outturn, the Scottish Government’s expenditure plans are “funded” and fit within the limits … Continue reading Why is this Glasgow think-tank now, for the first time, trying to cast doubt on the SNP’s balanced budgeting in the months just before an election?
