Meeting of the Parliament 28 January 2026 [Draft]
Brexit has been an unmitigated economic and social disaster. Its red tape has increased costs to businesses and hit Scotland’s trade with our largest international export market, which is the European Union. Recent research estimates that, in 2023, the United Kingdom suffered a 2.5 per cent hit to gross domestic product as a result of Brexit, which is forecast to increase to 5.7 per cent by 2035. In Scotland, it equates to a cut in public revenues of around £2.3 billion in 2023 alone. I will take no lessons from the Tories on external affairs.