NICOLA Sturgeon has launched “Project McFear” with a report claiming that leaving the EU without a trade deal would cost Scotland £12.7 billion.
The SNP First Minister’s paper appears to be a front for her push her increasingly unpopular policy of Scottish independence by scaring Scottish voters about leaving the EU.
While denying at a press conference that the report was about independence, Ms Sturgeon’s own paper said: “As a [Scottish] government, we firmly believe that Scotland’s future economic, environmental and social prospects will best be served as a member of the European Union as an independent state.”
In echoes of former Chancellor George Osborne’s failed attempt to frighten British voters during the EU referendum campaign, the SNP Scottish Government has come up with so called impact assessment over a no deal situation with the EU.
The study claims it would lead to an 8.5 per cent drop in GDP by 2030 – or £2,300 per person in Scotland per year – compared to retaining full European Union membership.
And Ms Sturgeon has accused Theresa May of a “fundamental dereliction of duty” for failing to produce economic assessments on the impact of Brexit.
The UK Government wants to honour the referendum result leave the EU and its single market and customs union for a bespoke trade deal with the EU.
The Scottish Government’s figures have already been challenged by detailed work by Economists for Free Trade which has shown that the UK as a whole will benefit by £135 billion by leaving the EU without a formal trade deal through deregulation and trade deals.
Professor Patrick Minford, chair of Economists for Free Trade, said: “This is just more scaremongering by Remainers.
Ms Sturgeon accused Mrs May of a ‘fundamental dereliction of duty’
“Brexit is going to be good for every part of the UK to the tune of £135 billion.
“This amount represents a surge in national output that works out at an average of £5,000 a year for each UK household; and it brings with it an 8 per cent fall in prices.
“This would add an average of £40 a week to household living standards, creating new, better paid jobs and cutting unemployment.
“Nicola Sturgeon should put an end to her Project McFear, accept that we are leaving the EU – and that means leaving the single market and the customs union – and start embracing the real opportunities Brexit offers the whole of the UK.”
To read the Daily Express’s report in full, click here.