Scots projects under threat if country leaves UK claim

More than $13bn of proposed schemes could be could be halted  if Scotland votes to leave the UK

According to industry analyst Barbour ABI in its report Scottish Construction: A Bright Future? It suggested the future of these schemes would “hang in the balance” if there was a yes vote.

It said projects linked to the renewable energy sector, which benefits from a UK-wide subsidy, would be “particularly at risk”.

Michael Dall, a lead economist at Barbour ABI, said: “If Scotland does choose independence, it’s likely that negotiations between UK and Scottish Governments will be prolonged and complex, posing a potential risk to both public and private sector contracts and with the lion’s share of planned works being funded by non-Scottish businesses, the currency question will also have a direct impact.”

This entry was posted in Thoughts. Bookmark the permalink.

Add a comment

Your email address will not be published. Required fields are marked *