REPORT: Royal Bank Of Scotland Would Move Its HQ To London If Scotland Votes 'Yes' On Independence
REUTERS/David Moir
A U.K. Treasury spokesman also told Reuters that the government is not making contingency plans for a "Yes" vote.
The vote is scheduled for September 18.
U.K. prime minster David Cameron this week traveled to Scotland in an effort to convince Scottish voters not to vote to exit the U.K., writing in The Daily Mail ahead of his trip that, "The United Kingdom is a precious and special country. That is what is at stake. So let no one in Scotland be in any doubt: we desperately want you to stay; we do not want this family of nations to be ripped apart."
The headlines from Reuters follow an essay by George Soros published Wednesday which said that, "This is the worst possible time for Britain to consider leaving the EU - or for Scotland to break with Britain."
Soros' argument is centered on the necessity for the Eurozone to stay together, writing that policy differences between both Scotland the U.K. and the U.K. and the Eurozone can be mediated.
Earlier on Wednesday, BI's Tomas Hirst noted that the British pound was rallying after the latest poll from Survation showed that "No" votes on independence were leading "Yes" votes by a 53-47 margin. And analysts at Deutsche Bank also said that were Scotland to vote in favor of independence, it would fall into a deep recession.
Over the weekend, a vote in favor of Scottish independence seemed like a real possibility, but now as we move closer to the vote, reality might be setting in.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Foreign tourist arrivals in India will cross pre-pandemic level in 2024
- Upcoming smartphones launching in India in May 2024
- Markets rebound in early trade amid global rally, buying in ICICI Bank and Reliance
- Women in Leadership
- Rupee declines 5 paise to 83.43 against US dollar in early trade
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market