Monthly Archives January 2019

UK CBI warns that ‘no-deal’ Brexit bourach will ‘devastate’ Scotland’s economy

Independent analysis shows that a no-deal Brexit could hit Scotland’s economy to the tune of £14bn a year. New findings published by the Confederation of British Industry (CBI) Scotland, reveal that Scotland would be “significantly exposed” to the adverse economic impact of a no-deal Brexit scenario. Tracy Black, Director of CBI Scotland, said this would have a “devastating” impact on Scotland’s economy, with the annual loss of £14bn by 2034 being “more than annual public spending on hospitals, GP surgeries and other health services across Scotland.” Impact of a no-deal Brexit across the UK: Mark R Whittet, leader of Scotland’s Independence Referendum
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