Report: UK rejoining EU could boost Scotland's economy by £583 million
By
Andrew J Quinn
3h ago· 3 min readenNews
Summary
A report commissioned by Best for Britain and conducted by Frontier Economics suggests that if the UK rejoined the EU, Scotland's economy would receive a £583 million boost, measured as a 0.43% increase in Gross Value Added (GVA). Scottish Labour MP Lillian Jones argues that rejoining would create significant opportunities for Scotland, including more jobs and stronger local businesses.
Source
bskyReport: UK rejoining EU could boost Scotland's economy by £583 millionscotsman.comKey quotes
· 3 pulledThe UK rejoining the EU would boost Scotland's economy by £583 million, a new report has suggested.
The study, commissioned by campaign group Best for Britain and carried out by Frontier Economics, suggested Scotland would see a Gross Value Added (GVA) boost of 0.43 per cent under full EU membership.
Scottish Labour MP Lillian Jones said rejoining the EU would create 'most significant opportunities' for Scotland and that 'closer ties with the EU would create more good jobs, strengthen local businesses and open up new opportunities for young people.'
The study suggested Scotland would see a Gross Value Added (GVA) boost of 0.43 per cent under full EU membership.
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