Scotland sees big hit to its economy with no UK Brexit deal

Scotland’s economy will be 8.5 percent smaller by 2030 than it would otherwise be if Britain leaves the European Union with no trade agreement, the Scottish regional government said on Monday.
FILE PHOTO - Scotland's First Minister, Nicola Sturgeon, is seen speaking on the BBC's Andrew Marr Show in this photograph received via the BBC, in London, Britain January 14, 2018. Jeff Overs/BBC/Handout via REUTERS
Business investment in Scotland could fall by up to 10.2 percent compared with continued membership of the EU, the government said in a report.
Scotland’s first minister Nicola Sturgeon, who is from the pro-independence Scottish National Party, campaigned for Britain to stay in the EU and now argues that the country should stay in the bloc’s single market.
The report published on Monday said the only credible outcome of this year’s Brexit negotiations between Brussels and London was for Britain to be a member of the European Economic Area, which would allow it to stay in the single market.