LONDON - For Encocam, one of the world's few manufacturers of crash test dummies, a British exit from the European Union looks like an accident that will probably be avoided.
LONDON - Growing nerves over Greece have been the talk of financial markets for the past week, but online betting firms see only around a one-in-five chance it will leave the euro zone this year -- a lower likelihood than earlier this year.
LONDON - The Scottish National Party has threatened to call for another referendum to break up the United Kingdom unless the British government agrees to devolve more powers to Scotland, the Financial Times reported on Monday.
LONDON - Britain's budget watchdog has slashed its forecast for how much tax will be paid by the oil and gas industry over the next 25 years, a move that highlights the fiscal challenge that would be faced by an independent Scotland.
LONDON - If Britain votes to leave the European Union in a referendum, Scottish nationalists would push for another independence vote as the world's fifth-largest economy grappled with exiting the EU, JPMorgan said in a research note.
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