SCOTTISH GOVERNMENT
RESEARCH SHOWS LEAVING EU COULD COST ECONOMY £11.2 BILLION A YEAR
SNP MSP for
Cunninghame South, Ruth Maguire, has raised concerns about the economic impact
of Brexit to Scotland after Scottish Government analysis drawing on research
from a range of external organisations showed that leaving the EU could cost
the Scottish economy as much as £11.2 billion per year by 2030.
The figures, which
also showed Scotland’s public finances could fall by as much as £3.7 billion
per year, are further evidence that in order to protect jobs and livelihoods
across Cunninghame South, Scotland’s position in the EU must be maintained. The
analysis points to damage to exports, reductions in investment and reduced
economic growth as major concerns.
Commenting, SNP MSP
for Cunninghame South, Ruth Maguire, said:
“This analysis by
the Scottish Government makes it perfectly clear why it is absolutely
imperative that Scotland’s position in the EU is secured. If not, then it is
obvious that jobs, investment and growth will be threatened.
“To see that up to
£11.2 billion could be lost from Scotland’s economy every year is very worrying
indeed – and shows how unbelievably misguided the Tory government’s plans are.
“Cunninghame South
benefits massively from Scotland’s membership of the European Union, opening up
markets and making it easier for businesses to invest in our skilled workforce.
This research has shown that the only way to protect the economy of Cunninghame
South is for Scotland to protect our relationship with the EU.
“The Scottish
Government is quite rightly exploring all options in order to keep Scotland in
the EU and to ensure that we are not dragged out against our will. It would be
intolerable for this to happen, and the Scottish Government analysis shows the
deeply damaging impact this would have on jobs, investment and prosperity in
Cunninghame South and across Scotland.”
