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You are at:Home»Westminster»Brexit is Root Cause of Economic Woes

Brexit is Root Cause of Economic Woes

JamieBy Jamie25th March 20253 Views3 Mins Read Westminster
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Rejoining Single Market Would Boost Growth, Prevent Cuts

The SNP has challenged Keir Starmer to rejoin the EU single market instead of imposing even more austerity cuts.

It comes as pressure grows on the Labour Party to abandon its plan to impose billions of pounds of cuts to families and public services.

Independent analysis by the House of Commons Library, commissioned by the SNP, has revealed that Brexit is costing UK businesses ÂŁ37 billion a year – with total trade 5% lower than before the UK left the EU.

Earlier today, a Labour-supporting think tank warned that the UK Government’s Brexit policies are a major cause of the UK’s economic woes. Best for Britain, which backed Keir Starmer’s party at the UK general election, warned that the Labour Government’s plan to impose austerity cuts would be “political anthrax”. It also published new YouGov polling showing that more people think a closer trade deal with the EU (46%) is a better way of delivering economic growth than cutting benefits (28%)

Naomi Smith, Chief Executive of Best for Britain, warned the latter would be “deeply unpopular, economically shortsighted and devastating to hundreds of thousands of vulnerable people all at once – but fortunately for Starmer“, she continued, “there is a popular alternative. By protecting high British standards and striking a common sense deal with our largest market, the Government can deliver real growth right across the country, boost public finances and reduce prices for consumers.” 

Separate YouGov polling published on the fifth anniversary of Brexit in January found that, of those with an opinion, three quarters of Scots (75%) and six in ten people across the UK (62%) now believe it was wrong for the UK to leave the EU.

Well said @StephenGethins absolutely spot on!

“When the government is cutting budgets that will hit the poorest in the UK with benefits cuts – and the most vulnerable around the world with aid cuts – it is obscene that it continues to pursue an expensive and unnecessary
 pic.twitter.com/mK7BSU0SSn

— Liz Webster (@LizWebsterSBF) March 22, 2025

Keir Starmer cannot continue to stick his head in the sand and ignore the overwhelming evidence that the Labour Party’s disastrous Brexit policy is destroying economic growth – and wiping billions of pounds from UK public finances every single year.

During the election, the Labour Party promised voters it would deliver growth and stop austerity cuts – but instead it has slashed economic growth in half and is imposing a new era of austerity cuts on families and public services.

It is now undeniable that Brexit is a major root cause of Britain’s broken economy. It is harming trade and economic growth, taking money away from the NHS and making the cost of living worse. If the Labour government is serious about repairing the damage it has caused to the economy, it must rejoin the EU single market instead of imposing even more austerity cuts.

Scotland voted to remain in the EU. If the Labour government won’t even contemplate rejoining the EU single market and customs union, it will consign the UK economy to decades of decline and leave families poorer.

The Labour government’s disastrous support for Brexit, and its record of failure on the economy, underlines exactly why Scotland needs a strong SNP government to stand up for our economy and offer a path to independence, so Scotland can get back to prosperity as a member of the EU.

STEPHEN GETHINS, ANGUS MP & SNP EUROPE & TRADE SPOKEPERSON
Austerity brexit cuts economy EU Labour austerity Labour Brexit single market
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Jamie
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I’m Graeme’s Parliamentary Assistant at Holyrood, but I also support his constituency work alongside my Angus-based colleagues. I joined Graeme's team in 2019, having previously worked for an MP up in my native Aberdeenshire and in fundraising roles in the education and third sectors.

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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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