Leaving the EU: Private Sector

Part of Oral Answers to Questions — Scotland – in the House of Commons at 12:00 am on 19th April 2017.

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Photo of Greg Hands Greg Hands The Minister of State, Department for International Trade 12:00 am, 19th April 2017

I am certainly glad that the hon. Gentleman has raised the question of oil and gas in Scotland: I know that he and I will agree that what would be most disastrous for the Scottish economy, including the oil and gas sector, would be Scottish separation, leading to an overnight budget deficit of around 9% of GDP. That would be a disaster.