News & Events

News & Events

  • Budget and Spending Review underscore tight fiscal outlook as Scottish Government plans efficiencies and reform

    13 January 2026 The Scottish Government’s Budget and Spending Review published today contains its tax and spending plans based on forecasts produced by the Scottish Fiscal Commission (SFC). The Scottish Government’s Medium-Term Financial Strategy published in June 2025 identified significant gaps between spending and funding over the next four years. Since then, there has been…

  • Forthcoming Publications – 6 January 2026

    Tuesday 13 January 2026 – Scotland’s Economic and Fiscal Forecasts These forecasts are part of the Commission’s main forecast publication series and will provide new economic, tax and social security forecasts to accompany the 2026-27 Scottish Budget and Spending Review. They will be published when the Cabinet Secretary for Finance and Local Government completes her…

  • Fiscal Sustainability Report: Error Correction Notice – 11 December 2025

    Today we have published an Error Correction Notice in relation to this report on our website. 

  • New Commissioners Appointed to Scottish Fiscal Commission – 8 October 2025

    Dr Eleanor Ryan and Justine Riccomini have been appointed as new Commissioners at the Scottish Fiscal Commission, Scotland’s official independent economic and fiscal forecaster.

  • Climate change presents fiscal challenges for Scottish Government

    Climate change and the associated costs of meeting the Scottish Government’s carbon emission targets will put significant pressure on the Scottish budget, the Scottish Fiscal Commission has said today. Under the Paris Agreement, both the Scottish and UK Governments have committed to help limit global warming through their own carbon emissions targets. These will require…

  • Scottish Spending Review crucial to addressing fiscal challenges

    In its Fiscal Update published today, the Scottish Fiscal Commission has said that the Scottish Spending Review due this December provides an opportunity for the Scottish Government and the Scottish Parliament to address both the immediate budget pressures and, crucially, long‑term fiscal sustainability challenges. The Scottish Government’s Medium-term Financial Strategy (MTFS) in June set out…

  • Scottish Government well placed to complete challenging spending review

    The Scottish Fiscal Commission has today published an update to its economic and fiscal forecasts alongside the Scottish Government’s Medium-Term Financial Strategy. It reflects changes since the Commission published its forecasts on 29 May including the UK Government’s Spending Review and new Scottish Government tax and social security policies. Total funding in 2026-27 will be £61.3 billion…

  • REMINDER: Wednesday 25 June 2025 – Scotland’s Economic and Fiscal Forecasts – MTFS Update June 2025

    Our next report accompanies the Scottish Government’s Medium-Term Financial Strategy and Fiscal Sustainability Delivery Plan that will be published on Wednesday 25 June. Our report will give an updated overview of the Scottish Government’s funding position and the fiscal pressures it faces following yesterday’s UK Spending Review. The report will also provide costings for any…

  • Interdependence is the key to Scotland’s financial strategy

    Article by our chair Professor Graeme Roy, first published in the Herald on 9 June 2025.

  • Modest growth in funding since last Scottish Budget, but significant pressures on spending

    The Scottish Fiscal Commission has today published its latest economic and fiscal forecasts. These forecasts will inform the Scottish Government’s Medium-Term Financial Strategy, to be published in June. The Commission estimates that total funding available to the Scottish Government in 2025-26 will be £59.6 billion, almost £0.8 billion higher than in their December 2024 forecast.…