Brexit “ in whatever form ” could undermine the Scottish economy , and a no - deal Brexit could trigger a recession , according to Scottish Economy Secretary Derek Mackay . Two manufacturing sectors , food and drink and pharmaceuticals , accounted for over half of Scotland ’s Q1 2019 100 % GDP growth , while the Scottish services sector grew by just 0.1 % . Scottish Secretary David Mundell said Westminster is investing in the Scottish economy to facilitate its growth , implementing the £ 1.3bn ( $ 1.6bn ) city and growth deal programme in Scotland . He also warned of the dangers posed to the UK ahead of another Scottish independence referendum and Scotland 's high taxation .
Brexit “in whatever form” will undermine the Scottish economy, and a no-deal Brexit could cause a recession, according to Holyrood Economy Secretary Derek Mackay. Two manufacturing sectors, food and drink and pharmaceuticals, accounted for over half of Scotland’s Q1 2019 0.5% GDP growth, while the Scottish services sector grew by just 0.1%. Scottish Secretary David Mundell said Westminster is investing in the Scottish economy to facilitate its growth, citing the £1.3bn ($1.6bn) city and growth deal programme in Scotland. He also warned of the dangers posed to the UK economy of another Scottish independence referendum and Scotland's high taxation.