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Brexit – we didn't vote for this!


Every Scottish Government department, every local authority and every business in every part of the land is spending money preparing for a no-deal, because the consequences of a no-deal will be so catastrophic. That’s money that we all actually hope will be entirely wasted. The chief economic advisor to Scotland reported last week that a no-deal Brexit has the potential to push the Scottish economy into recession with unemployment rising and trade and investment disrupted. If prolonged, the shock of Scotland’s departure from the EU could lead to significant structural change in the economy, with national Gross Domestic Product (GDP) predicted to fall by up to seven per cent. Shetland could be one of hardest hit places in Scotland. The report notes that over 25 per cent of the workforce here face economic damage from a no-deal Brexit.

Shetland News - February 28, 2019

View the full story here: https://www.shetnews.co.uk/2019/02/28/viewpoint-brexit-we-didnt-vote-for-this/