Matthew Lynn Matthew Lynn

Nicola Sturgeon’s ‘neverendum’ is hammering the Scottish economy

Its economy will be destroyed by leaving the single market. Losing access to European sales will destroy swathes of industry, and without free movement, employers will be crucified by skill shortages. Nicola Sturgeon is no doubt already preparing her lines for a vote on Scottish independence once the UK leaves the EU.

Right now, that looks as if it could come a lot sooner than anyone imagined. It is reported that as soon as the Prime Minister Theresa May triggers Article 50 and starts the process of leaving the European Union, Scotland’s First Minister will announce plans for a second referendum on independence – a demand that May could find impossible to resist.

But hold on. In fact, Sturgeon’s ‘neverendum’ campaign is already hurting her country’s faltering economy. It is already doing significantly worse than the rest of Britain. With the added uncertainty of yet another referendum, it may be wiped out completely.

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