A review of today’s FAI Quarterly Economic Commentary with Deloitte, December 2021

Chair
David Eiser, Fraser of Allander Institute

Guests
Mairi Spowage, Fraser of Allander Institute
Steve Williams, Deloitte

Timestamps
(00:35) – What are the main findings in our Commentary today?
(02:30) – How has the Omicron variant impacted the FAI's forecasts?
(05:00) – Steve, Mairi has talked about the impact that restrictions could have on businesses in particular sectors. Given you work with a lot of businesses, what are you hearing about their resilience?
(07:47) – What capacity does the Scottish Government have to support businesses?
(12:39) - Mairi we discuss in the commentary that this all sets the economic context for the Scottish Budget… how did the current outlook for the economy feed in to this?
(17:25) - The BoE has just announced that they are increasing the interest rate, is this a surprise, Mairi?
(19:50) - Steve, have you had a chance to consider the legacy of COP for Deloitte in Scotland?
(24:13) - Coming to you Mairi, what does government need to do to tackle these longer-term challenges moving forward?
(26:38) - Steve, how could inflation impact the outlook for the economy?