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Sturgeon to link Brexit to austerity in London speech Sturgeon links Brexit to austerity in London speech
(about 5 hours later)
Nicola Sturgeon is to make a speech in London linking the Brexit vote to the UK government's austerity policies. Nicola Sturgeon has linked the Brexit vote to the UK government's austerity policies.
The first minister will tell the Institute of Directors that the vote to leave the EU was in part "born of inequality" in communities UK-wide. The Scottish first minister said that the UK could thrive after leaving the EU by becoming a leader in free trade.
Theresa May has argued that the UK could thrive after leaving the EU by becoming a leader in free trade. Welsh First Minister Carwyn Jones also addressed the conference at the Royal Albert Hall via a video clip.
Welsh First Minister Carwyn Jones will also address the conference at the Royal Albert Hall via a video clip. Ms Sturgeon has previously argued that the UK could face a "lost decade" if it opts for a "hard Brexit", distancing itself from the single market.
A senior government minister is expected to speak, as is former chancellor Norman Lamont, former Greek finance minister Yanis Varoufakis, and businesswoman and peer Martha Lane Fox.
Ms Sturgeon has argued that the UK could face a "lost decade" if it opts for a "hard Brexit", distancing itself from the single market.
'Feelings of powerlessness''Feelings of powerlessness'
The SNP leader is expected to tell the annual conference that inequality was a key reason behind the EU referendum result, arguing that the government "can no longer ignore the social and economic cost" of austerity. The SNP leader told the annual conference that inequality was a key reason behind the EU referendum result, arguing that the government "can no longer ignore the social and economic cost" of austerity.
She is expected to say: "There are many, many causes of the vote to leave the EU. For many people, they will have included entirely reasonable doubts and reservations about the EU. It is, after all, an imperfect organisation. She said: "There are many, many causes of the vote to leave the EU. For many people, they will have included entirely reasonable doubts and reservations about the EU. It is, after all, an imperfect organisation.
"But in part, Brexit was a product of a sense of disenfranchisement and disillusionment. It was borne of inequality, of feelings of powerlessness - of austerity budgets which hurt the public services and social safety nets that so many people depend on."But in part, Brexit was a product of a sense of disenfranchisement and disillusionment. It was borne of inequality, of feelings of powerlessness - of austerity budgets which hurt the public services and social safety nets that so many people depend on.
"And so one consequence of the referendum must be a new effort - which needs to be given real substance in the UK government's autumn statement - to ensure that the benefits of growth, of globalisation, are more fairly distributed.""And so one consequence of the referendum must be a new effort - which needs to be given real substance in the UK government's autumn statement - to ensure that the benefits of growth, of globalisation, are more fairly distributed."
It will be Ms Sturgeon's first major speech to a UK audience since the referendum in June, although she has made numerous statements on the matter at Holyrood. Ms Sturgeon said she was "very proud of the fact that Scotland voted so strongly to remain in the European Union", but that should could not ignore the fact that a million Scottish voters wanted to leave.
She added: "They did not think that the European Union benefited them - they did not see advantages from free trade and free movement."
It was Ms Sturgeon's first major speech to a UK audience since the referendum in June, although she has made numerous statements on the issue at Holyrood.
Ms Sturgeon has told MSPs she is "profoundly concerned" about the implications of the UK leaving the EU, with the early signs "not encouraging".Ms Sturgeon has told MSPs she is "profoundly concerned" about the implications of the UK leaving the EU, with the early signs "not encouraging".
She has argued that the "least worst option" of remaining in the single market should be a key objective, hitting out at the "cloak of secrecy" over the UK's current negotiating position. She has also argued that the "least worst option" of remaining in the single market should be a key objective, hitting out at the "cloak of secrecy" over the UK's current negotiating position.
'New role'
Mrs May meanwhile has said the UK could get a better deal from foreign trade after leaving the EU.Mrs May meanwhile has said the UK could get a better deal from foreign trade after leaving the EU.
In a column in Holyrood magazine which she later posted in full on Facebook, the prime minister said Brexit represents an "exciting chance to forge a new role in the world". In a column in Holyrood magazine which she later posted in full on Facebook, the prime minister said Brexit represented an "exciting chance to forge a new role in the world".
She said the UK would "make a success" of Brexit, saying: "There should be no doubt: we will get a deal that works for us all."She said the UK would "make a success" of Brexit, saying: "There should be no doubt: we will get a deal that works for us all."
Mrs May said: "As we strike that deal, we have an exciting chance to forge a new role in the world. Scotland's status will not be diminished by that; it will be enhanced.Mrs May said: "As we strike that deal, we have an exciting chance to forge a new role in the world. Scotland's status will not be diminished by that; it will be enhanced.
"We will go out into the world with the aim of being a leader in global free trade, one that makes the most of our advantages, from the financial expertise of Edinburgh to the shipbuilding prowess of the Clyde and the globally renowned food and drink produce of Scotland's countryside.""We will go out into the world with the aim of being a leader in global free trade, one that makes the most of our advantages, from the financial expertise of Edinburgh to the shipbuilding prowess of the Clyde and the globally renowned food and drink produce of Scotland's countryside."