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You are at:Home»News»Brexit Was a Bad Idea – Here Is Why

Brexit Was a Bad Idea – Here Is Why

LucieBy Lucie28th November 20220 Views4 Mins Read News
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The ongoing Brexit disaster is constantly illustrated in technicolour

New evidence has been published showing how appalling it is for the economy, exports, jobs and the health service.

In recent days, the Organisation for Economic Cooperation and Development (OECD) published its economic forecasts showing that the United Kingdom has the worst economic prospects amongst G20 countries, with the exception of Russia which is the subject of crippling international sanctions for invading Ukraine.

– Graeme

As we have seen over the last couple of months especially, Brexit has been a disaster for the economy of Scotland, and the UK overall.

The prediction of the OECD is terrifying for the future of our country and therefore proves that the decision of leaving the EU was extremely consequential. We are losing our status as global exporters, and the mismanagement of the UK deeply impacts Scotland.

Uniquely, the UK will be alone among the 38 members of the OECD to have a smaller economy in 2024 than in 2019.

In comparison, every single one of Scotland’s neighbouring countries will do significantly better.

The best performer, according to the OECD, will be independent Ireland, followed by Iceland, Norway, Denmark, Sweden and Finland.

Scotland’s economic woes are a combination of UK economic mismanagement and Brexit, imposed on Scotland despite a 62% vote to remain in the EU and the biggest single market in the world.

FM: "This failing UK system gives us:

👉 A Prime Minister with no democratic or moral mandate in Scotland.
👉 A Brexit we did not vote for.
👉 The highest inflation in the G7
👉 The lowest projected growth in the G20, bar Russia."

We all pay the price for Westminster failure. pic.twitter.com/DGp7SQL9fI

— The SNP (@theSNP) June 16, 2022

According to new research by the Centre for Business prosperity at Aston University, Brexit has resulted in a 22.9% slump in UK exports to the European Union.

Things are even worse amongst certain product varieties which have seen a drop of 42% in exports to the EU during the 15 months after January 2021.

– The author of the study, Professor Jun Du

The evidence we present here shows the real loss of Brexit, the overall competitiveness of the UK as a global trader. The considerable contraction of the UK trade capacity, combined with an increased concentration of export values to fewer products, signify some serious long-term concerns about the UK’s future exporting and productivity.

In a double whammy, UK trade has also seen a hit to non-EU countries. Exports to Japan have slumped since the first major post-Brexit trade deal with a drop in both goods and services.

Former Trade Secretary (and Prime Minister) Liz Truss signed the “historic” deal with Japan in October 2020, describing it as a “landmark moment for Britain”.

It was falsely claimed that it would boost trade by billions of pounds and help the UK recover from the pandemic. The Japan trade deal was followed by one with Australia which has been described by the former UK Environment Secretary George Eustice as “not actually a very good deal for the UK”.

“The evidence we present here shows the real loss of Brexit, the overall competitiveness of the UK as a global trader," researchers sayhttps://t.co/U1i40Yvw1H

— The London Economic (@LondonEconomic) November 25, 2022

Meanwhile, another study found that Brexit has worsened the shortage of NHS doctors with more than 4,000 European medics choosing not to work in the health service since the UK left the EU.

The Nuffield Trust, which conducted the research, said that the reduction was because EU-trained medics now face extra bureaucracy and higher costs as a direct result of Brexit.

Scotland’s future is a straight choice between Brexit Britain and Scottish independence in the European Union.

Sadly, all the main UK parties – Tories, Labour and Lib Dems – are pro-Brexit. These are the same parties that are blocking Scottish democracy and denying the people a referendum.

Last year voters in Scotland elected a record pro-referendum majority to the Scottish Parliament.

Democracy denial for Scotland is an unsustainable position for the Westminster parliament and parties, as well as damaging for the international reputation of the UK.

brexit economy Scotland
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Lucie

I am working as a Constituency Assistant for Graeme. I joined the team after doing a master's degree at the University of Glasgow.

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Graeme Dey is the the Member of the Scottish Parliament for Angus South Constituency.

Having worked for The Courier newspaper for 26 years, Graeme was elected to Holyrood in 2011.

In March 2023, Graeme was chosen by First Minister Humza Yousaf to be Minister for Higher and Further Education; and Minister for Veterans.

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