Business: Scotland

(asked on 11th December 2018) - View Source

Question to the Scotland Office:

To ask the Secretary of State for Scotland, if he will make an assessment of the financial effect on Scottish businesses of those businesses' contingency plans in the event that the UK leaves the EU without a deal; and if he will make a statement.


Answered by
David Mundell Portrait
David Mundell
This question was answered on 17th December 2018

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

The analysis considers four analytical scenarios: the UK position set out in the July 2018 White Paper, a hypothetical FTA, an EEA-type relationship and a no-deal scenario.

The analysis showed that the deal that has been agreed is the best deal on offer, when it comes to protecting jobs and our economy while also respecting the result of the referendum and realising the opportunities of Brexit.

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