Scottish Independence

Three strikes and you're not out - put those Brexit nerves on hold


LONDON - Two-thirds of the way through a trio of political earthquakes that a year ago looked set to shake British business and markets, the best lesson gleaned by financial investors for part three is to hold their nerve.


Nationwide predicts higher house prices as profits rise 22 May 2015

LONDON - Nationwide's Chief Executive Graham Beale said he expected Britain's housing market to be stronger this year after the UK's second-biggest provider of home loans reported a 32 percent rise in full-year profit.


'Come out for the EU', British CEOs told by business lobby group 20 May 2015

LONDON - Britain's top bosses should defend membership of the European Union by telling voters it is the best guarantee of prosperity, the head of the country's largest business lobby group will say on Wednesday.


Cameron says second Scotland referendum 'not remotely on the cards' 15 May 2015

EDINBURGH - British Prime Minister David Cameron said on Friday a second Scottish independence referendum was "not remotely on the cards", but he would consider nationalist demands for greater powers to be devolved from London to Scotland.


Scottish financial services body calls for end to uncertainty 15 May 2015

EDINBURGH - Uncertainty about Scotland's future is threatening to damage its financial services industry, the head of the body that represents Scotland's banks, insurance companies and pension providers said.


George Hay

Scots 'No' still leaves UK in limbo

The vote against secession in a landmark referendum reduces many risks: financial instability, a UK exit from Europe and a sharp fall in trade. But the bribe to 'No' voters of more devolved powers creates other dangers – including a weakening of the union.  Full Article