The budget and the Scottish financial institutions

Grant Baird, Frank Kirwan (Editor)

    Research output: Contribution to journalArticle

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    Abstract

    If the Budget produced the sound of popping corks along Throgmorton Street as
    the brokers and jobbers celebrated, the noise of asprin bottles rattling was
    probably more audible in the banking and insurance halls over the way in Lombard
    Street and four hundred miles to the north in Edinburgh. Remarks about 'Black
    Tuesday' probably overdo things a bit, for not all was bad news, but the Budget
    clearly has complex and in many cases difficult implications for the nation's major financial institutions, which this brief economic perspective considers.
    Original languageEnglish
    Pages (from-to)57-58
    Number of pages2
    JournalQuarterly Economic Commentary
    Volume9
    Issue number4
    Publication statusPublished - May 1984

    Keywords

    • Scottish financial institutions
    • budget
    • banking
    • financial services
    • taxation

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