Scotland: Economic Situation:Written question - 291139

Asked by Hugh Gaffney
(Coatbridge, Chryston and Bellshill)
Asked on: 25 September 2019
Scotland Office
Scotland: Economic Situation
To ask the Secretary of State for Scotland, what recent assessment he has made of the effect on the Scottish economy in the event of the UK leaving the EU without a deal.
Answered by: Mr Alister Jack
Answered on: 02 October 2019

The Government delivered on its commitment to provide objective analysis to Parliament of how exiting the EU may affect the economy of the UK, sectors, nations and regions in the long run.

As we leave the EU the Scottish economy remains resilient, with near record high employment, unemployment at historic low rates, and above inflation rises in wages.

The Government would prefer to leave with a deal and will work in an energetic and determined way to get that better deal. However, if it is not possible to reach a deal we will have to leave with no deal, and the Government is committed to preparing for this outcome.

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