Scottish business leaders are speaking out in ever stronger terms as they count the cost of a hard Brexit Scotland didn’t vote for. In one example, the President of the National Farmers Union of Scotland told their annual conference last week that the post-Brexit chaos could “write off” the Scottish farming industry.
A senior Bank of England official said the UK has lost £29 billion in business investment because we left the EU. If Scotland lost just a population share, that would be £2.5bn – but it may be even worse. Scotland exports double per head the UK average and rural Scotland in particular is staggering from the loss of its seasonal summer workforce – and that in turn is likely to impact investor confidence.