While in the past we have been able to support this through international borrowing, this is not sustainable in the long-term, particularly if Brexit leads to a weakening of the economy and its perceived attractiveness to overseas lenders and investors.
This discussion paper sets out four key propositions on the drivers of our current account imbalance, the ways in which it makes our economy vulnerable and hampers overall economic performance, and the actions needed to reduce it.
State of the North 2024: Charting the course for a decade of renewalThe North’s communities are ambitious for a better future, but face systemic and pronounced inequalities. Gaps in power, wealth, opportunity, and health result in shorter, sicker, less fulfilling lives.
No home left behind: Funding a just transition to clean heat in ScotlandHow can we ensure that investment in clean heating in Scottish homes drives a just transition, sharing costs and benefits fairly?
The asylum backlog: Job done?This blog post sets out how the department must now grapple with a new set of backlog challenges.