EAST SCOTLAND WORST HIT IN WHOLE UK BY LABOUR’S BREXIT PLAN

Published date : 10 May 2019

Edinburgh, Fife and Tayside would be worse hit than any other part of the UK by Labour’s proposed Brexit deal, stunning new analysis has found.

A new report has warned that all regions will end up poorer if the UK leaves the EU with a Tory-Labour Brexit deal – with the east of Scotland facing a £1 billion hit to GDP.

Labour today confirmed they remain committed to Brexit, with the party wishing to leave the single market but remain in a customs union. The National Institute of Economic and Social Research analysis has found such a deal would mean an £80bn hit to the economy after 10 years, economists have said.

The analysis found that people would be an average of £800 worse off, GDP would shrink by 3% and there would be £13 billion less a year to spend on public services, compared with EU membership.

Analysis has consistently shown that any form of Brexit will be damaging for Scotland, with a recent report by Scotland’s top economic adviser revealing a No Deal Brexit could result in a recession worse than 2008.

Commenting, Jenny Gilruth MSP said:

“Brexit – which Scotland did not vote for – is a clear and present danger to our economy, our communities and our public services.

“Labour and the Tories are both committed to delivering Brexit – and this stunning analysis shows that the east of Scotland would be the worst hit part of the UK under Labour’s plans. We need to send them a message.

“The only way to protect Scotland’s economy and our vital national interests is to stop Brexit.

“A vote for the SNP in the EU elections is a vote to make clear that Scotland says no to Brexit.”

ENDS

COMMUNITY, LOCAL GOV, FINANCE & ECONOMY