Union warns of ‘new era of economic decline’ in wake of Brexit

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Brexit could spark a &OpenCurlyDoubleQuote;new era of economic and industrial decline” in Scotland that the country would take a generation to recover from&comma; a union has warned&period;<&sol;p>&NewLine;<p>GMB Scotland secretary Gary Smith spoke out as economic research for the union suggested nearly 144&comma;000 jobs north of the border were linked to EU demand for Scottish exports&period;<&sol;p>&NewLine;<p>The report found <em>&OpenCurlyDoubleQuote;for Scotland the best Brexit would be no Brexit at all”<&sol;em>&comma; Mr Smith said&period;<&sol;p>&NewLine;<p>He spoke after experts at the Fraser of Allander Institute economic think tank found that in 2015 nearly 4&percnt; of Scotland’s employment&comma; excluding public-sector administration and defence&comma; was supported by trade with the EU&period;<&sol;p>&NewLine;<p>That proportion was significantly higher in some sectors&comma; with more than 14&percnt; of manufacturing jobs linked directly to EU export demand&comma; while in computer&comma; electrical and optical products the figure was even higher at more than 23&percnt;&period;<&sol;p>&NewLine;<p>In refined petroleum&comma; chemical and pharmaceutical products it reached almost 30&percnt;&period;<&sol;p>&NewLine;<p>The report noted&colon; <em>&OpenCurlyDoubleQuote;This is not to say that post-Brexit these jobs will be lost &lpar;or even reduced&rpar;&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;It is simply to highlight the current degree of integration that exists between Scotland and Europe in terms of exports&period;”<&sol;em><&sol;p>&NewLine;<p>It warned leaving the EU would <em>&OpenCurlyDoubleQuote;represent the most significant change to the Scottish economy in a generation”<&sol;em>&comma; adding its research indicated there could be <em>&OpenCurlyDoubleQuote;a significant negative hit to Scotland’s long-term economic output and jobs compared to a scenario where the UK remained in the EU”<&sol;em>&period;<&sol;p>&NewLine;<p>As Scotland’s principal international trading partner&comma; the EU was the destination for more than 45&percnt; of international exports in 2017 – with £14&period;9 billion of goods and services sold to other European nations&period;<&sol;p>&NewLine;<p>The research follows an earlier study the think tank carried out for the union in November 2017&comma; with the latest study suggesting since then 9&comma;000 more jobs in Scotland are linked to trade with the EU&period;<&sol;p>&NewLine;<p>Mr Smith said&colon; <em>&OpenCurlyDoubleQuote;Let’s be clear that for Scotland the best Brexit would be no Brexit at all but in absence of that there needs to be an honest analysis of our future prospects&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;Scotland’s economic and employment interdependence with the EU has actually increased and irrespective of what form the UK’s withdrawal looks like in the final analysis&comma; it will be detrimental to jobs and prosperity across the country&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;These are the hard facts facing Scotland so this week we should not entertain any nonsense from Brexit cheerleaders about &OpenCurlyQuote;taking back control’ or a &OpenCurlyQuote;jobs first Brexit’ – even at the 11th hour the very least those driving us over the cliff-edge can do is tell the truth&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;The price of this political failure will likely be measured in divestment&comma; redundancies and closures across Scotland – a new era of economic and industrial decline that will take hold over the next few years and take a generation from which to recover&period;”<&sol;em><&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed4fc8600aa">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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