Tuesday 4 February 2014

Scottish Independance Makes Business Nervous


With the big vote coming up in September on Scotland's status in the UK there have been several people speaking out on the matter recently, ignoring the clearly biased views spouted by the likes of Alex Salmond (Wants to be King of Scotland) and Alistair Darling (wants to ensure Labour don't lose the seats in Westminster) a few interesting points have come out in the last few days.

Firstly Mark Carney governor of the Bank of England spoke out about what independence would mean from a technical monetary position. before Bob Dudley, CEO of BP spoke out about the uncertainty that comes from being unsure what the Union would look like at the end of the year, although he still stated that BP were going to invest £10Bn in Scotland.

Basically these neutral viewpoints are going to be the most interesting as we head through into what I think may well become a really nasty campaign full of scare tactics and accusations where assessing what Scottish independence means may become difficult.

Personally I support Scottish Independence as I am very interested in what will happen next (I would imagine that not much would change to be honest.) My only worry is that if there is a Yes vote then we will be stitched up when it comes to negotiating the settlement with Scotland taking all of the North Sea Oil Revenue and taking on none of the National Debt. But that is more my fear in the ability of our politicians to negotiate than a fear of independence itself.




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