tiptrot.com
tiptrot.com February 21, 2018


Scotland sees big hit to its economy with no UK Brexit deal

16 January 2018, 12:48 | Cedric Leonard

Nicola Sturgeon to reveal research showing hard Brexit will be “economic disaster” for Scotland

Appearing on the BBC's Andrew Marr show SNP leader Nicola Sturgeon said her next move on a referendum would be determined by the shape of the deal hammered out between Britain and the EU

While Scots in 2014 were told that they had to remain anchored to the United Kingdom in order to remain in the EU, Nicola Sturgeon is now suggesting that leaving the United Kingdom maybe the only possibility to Remain in the EU.

"Indeed, as our analysis will show - the harder the Brexit the worse will be the outcome", Sturgeon pointed out.

"For the sake of jobs, the economy and the next generation, today we are calling on the UK Government to drop its hard Brexit red-lines so that Scotland and the UK can stay inside the Single Market and Customs Union".

Scotland, along with Northern Ireland, voted to Remain in the European Union during the 2016 referendum and the SNP have vowed not to allow the country to be taken out of the bloc against its will.

She was challenged to acknowledge that a decision to hold a second referendum then would not leave enough time for the independence vote before the UK's planned withdrawal from the European Union in March 2019.

Scotland economy will face a loss of £12.7 billion ($17.4 billion) by 2030 if the United Kingdom leaves European single market without a trade deal, a paper published by Scottish government said on Monday.

That was "absolutely, manifestly, beyond any doubt the option which will do the least damage to our economy", Sturgeon said.


"Scotland is particularly well-placed to take advantage of the developing and deepening single market - the world's biggest economy of 500 million people, eight times the size of the United Kingdom", she said.

Mr Corbyn rejected a fresh appeal from the First Minister for his party to support an SNP-backed amendment on the single market when the EU (Withdrawal) Bill is debated this week. It was a "ridiculous position" for him to take, Sturgeon said: "Norway stands as the living proof that this just can't be the case". Even so, Sturgeon said: "I do believe there is a majority to be harnessed [in favour of] single market membership".

Revisiting the theme of an independence referendum comes prior to the publication of an impact assessment report of Brexit for the Scottish economy.

The paper analyses the potential impact of three scenarios: EEA membership similar to Norway's, a Canada-style free-trade agreement and reverting to basic WTO rules.

"Such impacts should however come as no surprise, as we will be leaving the largest single market in the world of over half a billion people", he said.

Mr Streeting said there was "no such thing as a jobs-first Brexit outside the single market", adding that European Union regulations within the bloc were "the best insurance policy against the kind of race-to-the-bottom in the economy that Richard Leonard is rightly critical of". Russell said that suggested differentiated deals for different parts of the United Kingdom were entirely possible.



Other News

Trending Now

United States could freeze up to $2 billion in aid to Pakistan
These developments pushed Pakistan away from the USA war efforts in the neighbouring country and brought it closer to China. The Trump administration is rightly signaling to Islamabad that "business as usual" has come to an end.

Mario Tennis Aces Switch Release Comes With A Story Mode
So too, is the game's new battle pack, which adds Aegislash (who?) and Blastoise (yes, please!) to the game's list of fighters. The World Ends With You is an action role-playing game developed by Square Enix, which launched in 2008 on the Nintendo DS.

President Trump's border wall coming to Laredo?
If that work was completed, more than half of the almost 2,000 mile-border with Mexico would be lined with a physical barrier. The White House has demanded that funds to build the wall are included in any legislation meant to help DACA recipients.

The Flu Nearly Reached Epidemic Levels This Season
Luis Manrique, an infectious disease specialist who has been working at both Delnor and Central DuPage Hospital in Winfield. There have been 3,854 total flu-associated hospitalizations in OH since flu season began last October, according to ODH.

Notebook 9 Pen, Notebook 9, and Notebook 7 Spin — New Samsung notebooks
According to Engadget , if you lose the hybrid laptop's S Pen, the Galaxy Note's stylus works just fine with the device. It's also commendable for Samsung to include backlit keyboard, curved keycap and a precise touchpad called Clickpad.

'Sons of Anarchy' Spinoff 'Mayans MC' Picked Up at FX
He was taken in by the family of his cousin, Marcus Alvarez ( Emilio Rivera ), Mayan MC founder and National President. Sutter teamed up with writer Elgin James on the series to help bring more authenticity to the show.

Australia vs England ODI series: Jason Roy powers visitors to victory
But burly opener Finch filled the void with a dashing hundred, his ninth in one-day internationals and fourth against England . His 151-ball innings was laced with 16 boundaries and five sixes.

Nigerian Actress Funke Akindele To Star In Hollywood Movie, "Avengers: Infinity War"
Abuja - Nollywood actress Funke Akindele-Bello, has been listed among the cast in the upcoming Marvel movie, " Avengers: Infinity War ".

News daily stands by journalist who reported Aadhar data breach story
Police sources clarified on Sunday night that those named in the complaint were not being seen as accused but would be questioned. We're going to write to @thetribunechd & @rachnakhaira to give all assistance to investigate and nab the real culprits.

LaVar Ball says Lakers 'don't want to play' for Luke Walton
Walton disregarded the constant criticism coming from his star rookie's father, "I'm fine with it, it doesn't both me". "I know how to coach him".