The Scottish Government has warned that Edinburgh will face economic shock and possible job losses in the fallout from a no-deal Brexit. In a report published today, 21st February, the Chief Economic Advisor to Scotland has warned that a no-deal Brexit would hammer Scotland’s economy, with national Gross Domestic Product (GDP) predicted to fall by up to 7%. With the Scottish Government report concluding that a no-deal Brexit has the potential to push the Scottish economy into recession, with unemployment rising and trade and investment disrupted. If prolonged, the shock of Scotland’s departure from the EU could lead to significant structural change in the economy. Currently 14% of Edinburgh’
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