Brexit could cost Scottish economy £16bn a year – report
by Severin Carrell Scotland editor from Economics | The Guardian on (#3DB26)
Nicola Sturgeon says updated analysis strengthens case for UK staying in EU single market
Scotland'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.
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