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Sturgeon sees "golden" chance to argue for UK to remain in single market

Reuters  |  EDINBURGH 

By O'Leary

(Reuters) - Scottish leader said on Sunday there was a "golden opportunity" to argue for to remain in the European single market after Brexit, as no-one had yet demonstrated the benefit of loosening trade ties with the

Before publishing a study of the economic impact of Brexit on on Monday, Sturgeon, whose nationalist runs the devolved Scottish government, said there was no alternative to membership that could deliver the same economic benefits.

She said must defend whatever trade option the government chose to pursue with hard evidence, damaging the economy as little as possible.

"There is zero credible evidence to suggest leaving the Single Market will bring any benefit to our economy.

Indeed, as our analysis will show - the harder the Brexit, the worse will be the outcome," Sturgeon said.

May is preparing for the start of talks about Britain's trade relationship with the once it is no longer a member.

Agreeing a united stance has been made harder by infighting in May's cabinet and over their vision for the new relationship with the EU, while the biggest opposition party, Labour, is also split on the best way forward.

Speaking to the BBC's Andrew Marr, Sturgeon again urged for Labour to sign up for to remain in the single market, but leader said membership of the market was dependent on being a member of the

"So I don't quite understand why she would keep saying join the single market when leaving the means you leave the single market," Corbyn told the ITV's Peston on Sunday programme.

"You have to make a special relationship with the EU," he said, adding that there were "aspects of the single market" he would want to challenge such as state aid rules.

May has said she is targeting the closest possible economic ties with the after Brexit to reduce future problems for companies, but also wants to reduce immigration and restore sovereignty by ending the jurisdiction of the

The has also said it is seeking a one-size-fits-all Brexit that would suit all parts of the UK, ruling out the possibility of a second referendum on independence, a vote Sturgeon said she would be able to have a view on by the end of the year.

But says continued single market membership would be the option that best reflects the fact that a majority of Scots vote in the 2016 referendum to stay in the

"(Those defending Brexit) have completely failed to explain how their approach could even remotely come close to replacing the enormous lost trade and investment," Sturgeon said.

"That means there is now a golden opportunity for those moderate voices who are making the case for and the to remain in the single market."

(additional reporting by in London; Editing by and Raissa Kasolowsky)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sun, January 14 2018. 16:57 IST