James Heywood, Head of Welfare and Opportunity at the Centre for Policy Studies, spoke to the Express about the economic impact of Scottish independence.
Following any vote for independence, he argued, “there will be an immediate period of uncertainty for businesses because while they won’t necessarily become independent or have new trade barriers, they won’t know what sort of rules they will be facing over the long term or when they will come in.”
He also added that without an open border with the UK, Scottish independence would mean “higher prices for Scottish consumers [and] more red tape for Scottish businesses doing business across the border.”
Read the full article here.
Date Added: Wednesday 6th July 2022