The Mudcat Café TM
Thread #155459   Message #3659210
Posted By: Teribus
11-Sep-14 - 01:47 AM
Thread Name: BS: scottish independence
Subject: RE: BS: scottish independence
In the event of a YES vote Guest Rahere the flight of capital and jobs will be massive. The post-Referendum negotiating position that Alex Salmond has talked himself into believing that he has will prove to be a house of cards. He can shout, bluster, threaten and demand all he wants, but if it is not in the best interests of the United Kingdom it won't happen.

RBS was a "no-brainer" as it is 83% owned by the Treasury, the others by EU law have to be based where their main client base is (Standard Life 90% of their business is in England). The businesses that wanted to warn of the consequences of a YES vote who the YeSNP silenced by intimidation will vote with their feet and relocate - Good news for the North of England, as that is logically where many could relocate to rapidly and cheaply.

No RBS and no Bank of Scotland, which only leaves Australian owned Clydesdale, wonder what they will do? Wonder where the Weirs have their millions parked?