Launching of an EU Business Hub

Certainly, many worries, thoughts and new ideas are coming out of the Brexit situation. One that is quite interesting is an even taking place in Scotland. The Federation of Small Businesses (FSB) in Scotland has explained that the Scottish Government plans to launch an EU business hub. The point of the hub would be to “boost confidence” as Brexit fears are hitting the market. As First Minister Nicola Sturgeon said, “We will pursue every option to protect Scotland’s position in Europe and, by extension, the interests of EU citizens who live and work here.”

She continued, “We will work closely with business organisations, sharing intelligence as issues arise and deepening relationships with businesses with strong EU connections. Business has suggested we establish an EU business hub within government to act as a single point of contact and we will take forward that proposal.”

Andy Willox, the FSB’s Scottish policy convenor said, “This move by the Scottish Government demonstrates to local firms and multinational enterprises that the country is open for business. By filling the information gap, Scottish Ministers can help to boost confidence. Further, by establishing a listening-post, the government can spot both problems and opportunities. The First Minister is absolutely right to reassure non-UK EU nationals on our shores. From Kirkwall to Kirkintilloch, EU nationals run businesses, and work for businesses, vitally important to our local economies and communities.”

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