Brexit could cost Scottish economy £16bn a year – report

Nicola Sturgeon says updated analysis strengthens case for UK staying in EU single marketScotland’s economy faces losing up to £16bn a year as a result of leaving the EU, according to a Scottish government forecast.The updated analysis warns that a hard Brexit, in which the UK falls back on World Trade Organisation rules, would cost Scotland up to £12.7bn and cause real household incomes to fall by 9.6%, or £2,263 per head. Continue reading…
Via: Brexit could cost Scottish economy £16bn a year – report