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Parliamentary debates and questions

S5W-04282: Lewis Macdonald (North East Scotland)

Scottish Labour

Date lodged: 1 November 2016

To ask the Scottish Government what its position is on the estimates made by the Fraser of Allander Institute in its report to the Culture, Tourism, Europe and External Relations Committee regarding the economic implications of Brexit for Scotland.

Answered by: Keith Brown 10 November 2016

Evidence published by the Culture, Tourism, Europe and External Relations Committee based on analysis by the Fraser of Allander Institute confirms the risks that leaving the EU poses to Scotland’s economy.

The analysis forecasts that GDP could be more than 5% (£8 billion in 2015-16 terms) lower than would otherwise be the case after 10 years. The report also indicates that exports could be more than 11% lower, and that there could be 80,000 fewer jobs, compared to a scenario where the UK remains a member of the EU.