The Scottish economy needs a firm hand on the tiller
Post-Brexit, the Scottish government needs a strong plan to build growth and jobs, writes RICHARD LEONARD
THE well-regarded Fraser of Allander Institute has just published the first serious impact assessment of Brexit on the Scottish economy.
It is a forecast based on a model, so the usual econometric health warnings apply.
Nonetheless it makes for a sobering read. Under a European Economic Area or European Free Trade Agreement scenario the institute predicts that the economy in Scotland will shrink by 3 per cent, real wages will drop by 6 per cent and 30,000 jobs will be lost.
Under a... read more
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