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Scotland’s Fiscal Framework: assessing the agreement


This presentation was given at an event in Edinburgh on 22 March 2016. The event was held to launch joint work with the Centre on Constitutional Change on Scotland's Fiscal Framework.

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Report summary
This report reviews and appraises the Fiscal Framework Agreement, with a particular focus on this issue of block grant adjustment.
IFS Working Paper W 16/05
Press release
Scotland’s Fiscal Framework – an essential part of the devolution of new tax and welfare powers – was finally agreed one month ago, after many months of tortuous negotiations. The most difficult thing to agree was how to adjust the Scottish Government’s block grant funding to account for ...