WIN WIN – The business case for Scotland’s place in the UK
As part of the United Kingdom, Scotland has the potential to become one of the best places in the world to do business.
In this paper we demonstrate, using analysis based on official data provided by the Scottish Government, the Office of National Statistics (ONS) and the official EU data service (EuroStat) how Scotland and Scottish business benefit as full partners in the United Kingdom. This includes the Government Expenditure and Revenues Scotland (GERS) dataset, an annual assessment of tax and spend in Scotland compared to the United Kingdom as a whole, which is carried out by Scottish Government Statisticians.
Notwithstanding the ongoing dual constitutional debate about Scotland’s place in the United Kingdom and Brexit, Britain as a whole is a stable and benign business environment which is highly attractive to global investors. Scotland’s place in the United Kingdom allows business here to share in key United Kingdom advantages such as its large and integrated single market and sophisticated monetary regime.
Read ‘Win – Win’ from SBUK
Click thumbnail to read
and/or download our research paper
Views from the board
Having heard investors that I know well, actively stepping back from investing in the Scottish economy, I fear for the future and am urging business leaders to share their support for Scotland to remain in the Union of the United Kingdom. It will only be by strength of voice and an evidenced based case that we will be able to defend the will of Scottish businesses of all sizes to remain in the Union.
— Robert D. Kilgour
The voice of business sends a strong message back to the Government that a further independence referendum is not wanted among the business community. Business owners are no longer prepared to sit back and allow momentous decisions on the future of Scotland to be taken without full engagement with those who will be directly affected
— Struan Stevenson
We must make the compelling case for the unique benefits of being within and trading as part of the Union. Scotland’s genuine majority voice must be heard and the majority do not want another referendum or to divide our Country at a time when we need to pull together!
— Ivor Tiefenbrun MBE
Patriotism is a love for your country and as a proud Scot I have spent my career helping to build economic opportunities and in attracting investment. I am also proud to be British and passionately want the United Kingdom to endure. To succeed in that aim, we must acknowledge that remaining part of the Union is a key lynchpin in growing Scotland’s wealth.
— Jack Perry CBE
The break-up of the United Kingdom would be disastrous for Scottish business, not least because rUK represents two-thirds of our market. In what are already challenging economic times, it would be madness to introduce trade barriers between us and our principal market.
— Dr Richard J Marsh