The Scottish Government has warned that a no-deal Brexit would hammer Scotland’s economy, with national Gross Domestic Product (GDP) predicted to fall by up to 7%. The Chief Economic Advisor to Scotland reports 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.
D & G Economy To Be Hard Hit By Brexit
