Build Scotland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
26/11/2018

Brexit Could Cost Scotland £2bn In Tax Revenue

Construction News Image
Leaving the EU and ending freedom of movement could cost Scotland £2 billion in tax revenues, External Affairs Secretary Fiona Hyslop has warned.

Each EU citizen coming to live and work in Scotland contributes, on average, £10,400 per year in tax.

The UK Government's proposed Brexit deal is expected to halve the number of people from EU27 countries migrating to Scotland, meaning £2 billion less by 2040 to spend on vital public services such as the NHS and schools.

-- Advertisement --
NorthernAsbestosServicesLtd

Ms Hyslop said: "People from other EU countries bring huge economic and social benefits to Scotland. However, the UK Government's Brexit deal to end freedom of movement fails to take into account our distinct needs and now risks a worrying £2 billion cost to Scotland's tax revenues.

"With all of Scotland's population growth over the next 25 years predicted to come from migration, EU freedom of movement is vital for our nation's future prosperity and essential public serves, such as schools and hospitals.

"It is clearly in Scotland's best interests to stay in the EU or, if that is not possible, the European Single Market and Customs Union. Equally, the Scottish Government should have devolved responsibility for migration so we can have a migration policy tailored to Scotland's needs."

Latest Construction News

26/11/2024

Scottish Water has unveiled its largest-ever procurement initiative, aiming to modernise the nation's water and wastewater infrastructure while safeguarding the environment. The program, named Delivery Vehicle 4, is valued between £5 billion and £9 billion and is set to run from 2027 to 2033, with ...
26/11/2024

The City of Edinburgh Council has granted planning permission, subject to conditions, for the refurbishment of Calton Square, an office building currently occupied by Baillie Gifford until the end of December 2025. Promoted by Ardstone Capital on behalf of Manova Partners, the project aims to ...
26/11/2024

First Minister John Swinney, MSP for Perthshire North, praised the progress being made on the construction of the new Perth High School during a visit on Friday, 22 November. He was joined by Jim Fairlie, MSP for Perthshire South and Kinross-shire, alongside senior Perth and Kinross Councillors, ...
26/11/2024

A state-of-the-art playpark has officially opened at King George V Park in Bearsden, following the completion of a £100,000 refurbishment. Funded by a combination of East Dunbartonshire Council (EDC) Capital Funding and the Scottish Government’s Renewing Scotland’s Play Parks initiative, the ...
26/11/2024

Fife Council has launched a public consultation, inviting residents, businesses, and organizations to contribute ideas and propose sites for inclusion in the next Local Development Plan, known as Fife's Place Plan. The council is calling on community councils, landowners, and developers to share ...
26/11/2024

The Chief Executive of East Lothian Council has announced she is to retire in February 2025. Monica Patterson who has been Chief Executive for almost five years, has spent most of her professional career working in local government. Prior to joining East Lothian Council in 2010, she was Head of ...
25/11/2024

West of Scotland Housing Association (WSHA) and Connect Modular have jointly submitted a planning application to Glasgow City Council for the development of 33 affordable homes in Cowlairs. This project aligns with the wider Cowlairs Park regeneration scheme and the city's ambitious housing ...
25/11/2024

Arc-Tech (Scotland) has successfully completed a £6m Mechanical and Electrical (M&E) services package for the Lost Shore Surf Resort in Edinburgh. The state-of-the-art resort, which opened its doors earlier this month, features a range of amenities, including a wave pool, luxury lodges, and ...
25/11/2024

Scottish Water has successfully completed the construction of a groundbreaking hydro energy generation scheme at Whiteadder Reservoir in East Lothian. This innovative project, believed to be the first of its kind in Europe, will harness the power of water to offset a significant portion of the ...
25/11/2024

Work is set to commence on a £6.5 million project to upgrade the Double Dykes Gypsy/Traveller site near Perth. The initiative aims to replace outdated chalets with modern, energy-efficient accommodation and implement significant site improvements. Perth & Kinross Council secured £3.9 million from ...
RBT Underfloor LimitedMorris & Spottiswood LtdThe Water PointCRGP LimitedM&C McLean LtdStoneCleanScotland.co.ukTREND Transformations PerthDunedin Stone LtdSEEIT3DLogical Insulation Solutions Limited
Terms and Conditions
2024/11/26 14:22:13