I think I understand it is just a threat , I agree they wouldn't like to follow thru as your post points out , wouldn't be good for themselves , only thing I would say is customers might move , but who will they move too ?? one of the other 5 ?? , who controls the whole energy sector in UK , which import and produce and sell in the UK . they have power over the lot . never take idle threats as just that idle . just say they did stop producing our energy , how long would they have to keep us in the dark ? people in UK are weak and most incapable of being without electricity .
I can see that viewpoint, but there really is a difference....have you had a look at this chart...I have a friend from Zimbabwe who wants to set up a business there, the stories he tells are just mental....
Well, I'll get started on them right now! It is an interesting question though: what if Scotland chooses to stay in the Union and then the UK exits the EU? Is the possibility of UK EU exit enough to sway Scots towards the Yes vote?
Jingle bells ,jingle bells , jingle all the way .,
Group of Scottish financiers emerge to back independence
* Warn staying with the UK could threaten EU membership
* Poll shows more Scots think row over the pound is "bluff"
By Belinda Goldsmith
LONDON, March 27 (Reuters) - A group of Scottish financiers came out in support of independence on Thursday to counter a flood of warnings over Scotland going it alone, cautioning that staying within the United Kingdom could mean losing European Union membership.
George Mathewson, former head of the Royal Bank of Scotland and chairman of Toscafund, and five other current and former Scottish financial players raised the possible risks of remaining in the United Kingdom in a letter to a newspaper.
Their positive view of a solo Scotland comes after a string of banks and financial services companies raised concerns over a vote for independence at a referendum on Sept. 18, citing uncertainty over the currency, regulation and EU membership.
Mathewson, a longstanding supporter of independence who has criticised the UK government for using "fear" tactics to sway voters, and his co-signatories said not enough consideration had been given to the risks of a No vote, such as EU membership.
British Prime Minister David Cameron, faced with eurosceptic factions in his Conservative party and voters defecting to the anti-EU UK Independence Party (UKIP), has promised to hold a referendum on whether Britain should stay in the EU by the end of 2017.
"In the case of Scotland after a No vote, there is no clear plan for or certainty around taxation, regulation or the wider business operating environment, and no guarantee of continued EU membership," the financiers wrote in the letter to the Financial Times, stressing these views were personal.
"There are certainly opportunities to attract more jobs and investment to Scotland with the powers of independence and significant opportunities in an independent Scotland for financial services."
Other signatories were Angus Tulloch of fund manager First State, James Scott, a former director of industry group Scottish Financial Enterprise, Frank McKirgan, founder of MLI Partners, David Simpson, a former economic adviser at Standard Life , and Jim Spowart, founder of Standard Life Bank.
Tulloch declined to comment beyond the contents of the letter, saying it was "personal".
Scotland's future in the EU has become a major issue in the independence debate, with questions raised over whether the 28-member bloc would allow Scotland to join and in time between a Yes vote in September and going independent in March 2016.
The support for ending Scotland's 307-year tie to England follows a string of companies warning about the potential impact of Scottish independence on the financial sector that accounts for 12.5 percent of Scottish GDP and up to 150,000 jobs.
Sorry , mate , just joking . .... To some extent I'd have to agree with graftman , corruption is still corruption , just because their black is a bit blacker than our's .doesn't really make us whiter .
It can seem that way but I would say it's on the contrary, the governments are much more corruptible in other countries, investors don't have the same trust in them as over here. This is primarily the reason why investors are pulling out of India causing the rupee to tumble, lack of confidence in the system.
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