ANGUS MACDONALD MSP HIGHLIGHTS BREXIT ECONOMIC RISK TO SCOTLAND AND FALKIRK DISTRICT

 

Falkirk East SNP MSP, Angus MacDonald has raised concerns about the economic impact of Brexit to Scotland and Falkirk District – after Scottish Government analysis drawing on research from a range of external organisations showed that leaving the EU could cost the Scottish economy as much as £11.2 billion per year by 2030.

The figures, which also showed Scotland’s public finances could fall by as much as £3.7 billion per year, are further evidence that in order to protect jobs and livelihoods across the Falkirk District, Scotland’s position in the EU must be maintained. The analysis points to damage to exports, reductions in investment and reduced economic growth as major concerns.

Commenting, SNP MSP for Falkirk East Angus MacDonald said:

“This analysis by the Scottish Government makes it perfectly clear why it is absolutely imperative that Scotland’s position in the EU is secured. If not, then it is obvious that jobs, investment and growth will be threatened.

“To see that up to £11.2 billion could be lost from Scotland’s economy every year is very worrying indeed – and shows how unbelievably misguided the Tory government’s plans are.

“Falkirk District benefits massively from Scotland’s membership of the European Union, opening up markets and making it easier for businesses to invest in our skilled workforce. This research has shown that the only way to protect the economy of the Falkirk District is for Scotland to protect our relationship with the EU.

“The Scottish Government is quite rightly exploring all options in order to keep Scotland in the EU and to ensure that we are not dragged out against our will. It would be intolerable for this to happen, and the Scottish Government analysis shows the deeply damaging impact this would have on jobs, investment and prosperity in the Falkirk District and across Scotland.”

MSP WELCOMES BIG LOTTERY FUNDING TO FALKIRK EAST CONSTITUENCY

Angus MacDonald, MSP for Falkirk East, has today welcomed news of a grant from Young Start, run by the Big Lottery Fund, being awarded in the area.

Young Scot have successfully applied for £50’000 from the grant scheme, which will go towards their two year programme of providing support for up to 50 young people, who have been involved in the criminal justice system. The programme will also see these young people become involved in the decision making process.

Commenting on this award, Falkirk East MSP Angus MacDonald said:

“This news is most welcome. Young Scot’s successful application for funding will no doubt go on to potentially  change the lives of many young people throughout the area and, ultimately, result in having a positive effect throughout the constituency.

“I will be presenting a motion in Parliament to recognise this award and wish Young Scot, and the young people within their programme, the very best in going forward.”

ANGUS MACDONALD MSP BACKS SNP STIMULUS IN BREXIT AFTERMATH

Falkirk East MSP, Angus MacDonald, has backed the Scottish Government’s commitment to stimulate the economy with new infrastructure funding in the wake of the EU referendum.

First Minister Nicola Sturgeon has announced an additional £100m of funding in this financial year to speed up the delivery of health and other infrastructure projects – as well as the establishment of a new service to provide information and support to businesses affected by the EU referendum.

Projects will be assessed for accelerated funding against a range of criteria including how quickly work can start, the number of jobs that will be supported or created, the likely impact on the supply chain and geographic spread.

Angus MacDonald MSP has called on the UK Government to urgently announce its own economic stimulus package, which would enable the Scottish Government to do even more to accelerate capital spending to support communities in Falkirk East, and across Scotland.

Commenting, Angus MacDonald, MSP for Falkirk East said:

“Nicola Sturgeon has been clear that the Scottish Government will pursue all possible options to protect Scotland’s relationship with the EU.

“But in the meantime we must do all we can to ensure that our economy doesn’t suffer, hitting jobs and investment in Falkirk East and across the country. We must ensure that our industry and jobs are given support in order to be sustainable throughout this period of uncertainty in Europe, however I am confident that this initiative from the Scottish Government will see our economy further stabilise in the coming months.

“It’s up to the UK Government to match the Scottish Government’s ambition and begin fixing this mess of their own making. Theresa May must take meaningful action to alleviate uncertainty and announce a UK wide stimulus, allowing the Scottish Government to do even more to secure jobs in Falkirk East and beyond.”

Copyright © Angus MacDonald MSP 2016

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