Ali Swehli

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Scottish independence: Pension fund admits avoiding investments due to uncertainty

Pension Insurance Corporation executive cites currency and regulation as two big unanswered questions in independence debate<p>A multi-billion pound pension fund has turned down opportunities to investment in Scotland because of the uncertainty created by independence, it was revealed …

51 of Scots expect taxes to rise under independence, poll finds

The Panelbase survey also found that less than half think a currency union with the rest of the UK is the most likely outcome in the event of a Yes …

Scotland

Vote for independence and lose the pound - minister to Scotland

By William James<p>LONDON (Reuters) - Scotland would not be able to use the pound as its currency if it voted to break from the United Kingdom later …

Business leaders back Cameron call to save the UK

Mr Cameron, speaking from the Olympic Park, London, at a conference co-hosted by Glasgow Caledonian University, said there were seven months to save …

Northern Ireland

Independence vote would ‘be disaster for the UK’ | Financial Times

The Scottish National Party last November produced a 670-page white paper on how an independent Scotland would work. Yet, despite the SNP’s efforts, …

The Huge Effects of an Independent Scotland

The leader of the Scottish National Party, Alex Salmond, who is driving the campaign for independence, has found himself in a bit of a pickle after …

Experts warn iScotland could inherit £146bn of UK debt

Dr Angus Armstrong, of the National Institute of Economic and Social Research (NIESR), was speaking as a new set of papers on the economic impact of …

Great Britain

Scottish independence: the economic implications

The debate on Scottish independence has centred on the economy in recent weeks, with the Bank of England governor Mark Carney and BP chief executive Bob Dudley among those to contribute to the debate. With just seven months to go before the crucial vote, the latest arguments are presented on Friday …

Mark Carney raises doubts over Scotland's plan to share the pound

The battle over the Scottish government's plans for Scotland to share the pound after independence intensified sharply on Wednesday after the governor of the Bank of England warned about the risks of a eurozone-style financial crisis.<p>Mark Carney said Scotland would need to give up significant areas …

BP chief Bob Dudley attacks Scottish independence

The chief executive of BP, Bob Dudley, warns of the uncertainties surrounding an independent Scotland's currency and states that Great Britain "ought to stay together"<p>The head of oil multinational BP has delivered a major blow to Alex Salmond’s economic case for independence after becoming the most …

Scottish independence: Cable says RBS would have to move to London

Royal Bank of Scotland's future as an Edinburgh-based bank was thrown into doubt after Vince Cable said it was inevitable the bailed-out bank would relocate to London in the wake of a vote for an independent Scotland.<p>The outspoken remarks by the business secretary – who also insisted that Scotland …

Scottish EU membership by 2016 ‘implausible’ - Cyprus Mail

BRITAIN’S minister for Europe poured cold water on Thursday on the prospect of Scotland enjoying a swift, smooth accession to the European Union if …

'Great Britain is great and ought to stay together:' BP boss Bob Dudley delivers major blow to Scottish independence

• <b>A new regulator for Scotland would cost the industry millions</b>• <b><br>Financial services industry employs 100,000 people in Scotland</b>• <b><br>Warning comes as polls</b> …

Business leaders need to speak out against Scottish independence

It is ironic that, with so much at stake for British business, it has fallen to voices from outside the UK to express their dismay about the possible consequences of a “Yes” vote in September<p>It’s high time for British business to speak up on, arguably, the single most important domestic issue that …

Investors fear impact of Scottish Yes vote | Financial Times

If Scotland votes to leave the UK in September, few questions will be more crucial or contentious than how much of Britain’s rapidly growing debt …

Scottish independence would create 'economic dislocation', says CBI chief Mike Rake

Sir Mike Rake has used his first speech as CBI president to warn that the break-up of the UK would be expensive and create “economic dislocation”.<p>Speaking at the CBI Scotland annual dinner in Glasgow, the BT chairman said he remains unconvinced that independence would be a good economic move for …