Tom Forth: Britain outside South England sees fiscal deficits similar to Greece crisis

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Britain faces Greek-style fiscal deficits

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Tom Forth: Britain outside South England sees fiscal deficits similar to Greece crisis — Britain faces Greek-style fiscal deficits

Tom Forth draws attention to a striking statistic about Britain's fiscal landscape. According to Forth, outside of South England, Britain runs fiscal deficits on a scale comparable to Greece at the worst of its financial crisis.

He adds that he and Paul Swinney have been seeking this data for a long time.

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Forth has previously reported that Britain spends more on infrastructure than its peers but receives less value for its investment, according to his analysis. He has also noted that Scotland’s economy performed well following devolution despite setbacks in the oil and gas sector, as outlined in a separate review. These findings provide further context to his observations on regional fiscal disparities.

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