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

ChairDavid Eiser, Fraser of Allander InstituteGuestsMairi Spowage, Fraser of Allander InstituteSteve Williams, DeloitteTimestamps(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?