Brexit could cost Scottish economy £16bn a year

The First Minister said she would make her judgement in the autumn based on the details of the Brexit deal between the United Kingdom and the EU.

Brexit Secretary David Davis told MPs last month that the UK Government had not carried out any impact assessments of leaving the European Union on the UK economy.

Sturgeon called on the government to "stop being driven by the obsessions of the hard Brexit wing of the Conservative Party".

Scotland's first minister Nicola Sturgeon, who campaigned hard against Brexit, said Britain remaining in the EU's single market, if not the bloc itself, was now the best realistic option.

"Evidently, Brexit continues to cause real uncertainty across our society, and SCVO has made clear from the outset that we think leaving the European Union will be bad for Scotland and Scotland's charity sector - exacerbating already hard circumstances for charity organisations and the individuals and communities they seek to empower", said acting chief executive Lucy McTernan.

"Today we do exactly that, backed by new evidence of the importance of single market membership to our economic and social prospects", she said.

In its independence referendum in 2014 people voted against becoming an independent country by 55% to 45%.

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The SNP administration has previously called for a "differentiated deal" for Scotland, allowing it to remain in the single market even if the rest of the United Kingdom leaves.

"This is about degrees of what does the least damage to our economy", she told journalists in the Scottish capital Edinburgh.

"In Scotland, the situation is even more freakish because when you listen to what Ruth Davidson says, diverging from Theresa May's policy, Scottish Labour seems to be the only party in Scotland that is opposed to single market membership". It was a "ridiculous position" for him to take, Sturgeon said: "Norway stands as the living proof that this just can't be the case".

This is compared to a free-trade agreement, which would cut the GDP by 6.1 percent (£1,610 per head), and the WTO rules that would cut GDP by 8.5 percent (£2,263 per head).

Revisiting the theme of an independence referendum comes prior to the publication of an impact assessment report of Brexit for the Scottish economy.

On Thursday Farage angered many Brexiters, and many in Ukip, when he said he was coming round to the view that the country might need to hold a second referendum in order to close down the European Union argument for good.

Opposition Labour Party leader Jeremy Corbyn has also said Britain should leave the single market.

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