Nicola Sturgeon gives speech on how Brexit will impact on the Scottish economy

The video discusses the economic implications for Scotland by 2030 under different Brexit scenarios. A No Deal Brexit would result in an 8.5% GDP reduction, while a free trade agreement would lead to a 6% decrease. Staying in the single market would minimize the impact, with a 2.7% GDP reduction. The analysis highlights the financial costs per person and the effects on disposable income and business investment, emphasizing that remaining in the single market offers significant economic benefits compared to a hard Brexit.

What is the projected decrease in GDP by 2030 if the UK leaves the EU under the No Deal option?

• 6.5%

• 8.5%

• 10.5%

• 12.5%

How much lower is the real disposable income expected to be under the No Deal scenario?

• 10.6%

• 9.6%

• 8.6%

• 7.6%

Under a Free Trade Agreement, what is the expected reduction in GDP compared to remaining in the EU?

• 6%

• 7%

• 5%

• 4%

What is the expected decrease in business investment under a Free Trade Agreement?

• 5%

• 6%

• 7%

• 8%

How much would GDP be reduced by staying in the Single Market compared to full EU membership?

• 1.7%

• 4.7%

• 2.7%

• 3.7%