Scottish, Welsh, and Northern Irish families have taken the biggest hits to their living standards, according to the most detailed analysis yet of the inflation which followed last year’s Leave victory.
Scottish Renewables, which represents the green energy sector, says economic and environmental benefits are at risk unless long-term funding is secured to replace EU funding. “With the UK Government significantly reducing its support for wave energy and the threat of EU funds being withdrawn after Brexit, the Scottish Government could find itself acting alone in developing wave energy...
“Scottish firms are facing considerable constraints through the growing scarcity of skilled tradespeople. When you pile on material prices increases, following the EU referendum, there is considerable upwards [cost] pressure on small building firms and it’s taking its toll on growth.”
The Proclaimers – famed for their anthem ‘Letter from America’ – are among a host of Scottish music stars who are warning that Brexit risks devastating Scottish culture. A new campaign by the Musicians’ Union is warning that Brexit that will usher an era “disastrous” decline for Scotland‘s flagship cultural festivals.
Scottish businesses have voiced their fears about the impact of Brexit on staffing, profitability and growth. In the Scottish government report, Glasgow Airport warned that airlines could lose the legal framework to fly some routes without new agreements being agreed pre-Brexit.
Scottish farmers receive 16 per cent of the UK’s overall common agricultural policy (CAP) funding under the EU system, including 85 per cent of less-favoured area payments which are given to farmers in remote areas and where the land is difficult to cultivate.
Leading firms from Scotland’s financial sector have drawn up restructuring “contingency plans” to deal with the impact of a Brexit shock, industry chiefs have warned MSPs. Scottish Financial Enterprise said the move was needed to guard against the worst outcomes after the split. It raises the prospect of separate EU bases for firms, alongside their Scottish...