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Monday, 8 September 2014

Scottish Independence: Pound Falls After Referendum Poll.

The value of the pound has fallen in the wake of an opinion poll
which suggested the pro-UK campaign had lost its lead ahead of the Scottish independence referendum.
Sterling fell by about 1.3% against the US dollar to a ten-month low of $1.61.
Shares in some firms with Scottish links have also fallen.
The SNP has dismissed a promise by the Chancellor to unveil a timetable for further devolution if voters reject independence as a last-minute "bribe".
George Osborne had said on Sunday that a "plan of action" would be set out in the next few days to give "more powers to Scotland; more tax powers, more spending powers, more powers over the welfare state".

BBC Scotland's political correspondent Glenn Campbell has reported that a new body will also be set up to hammer out more powers for Holyrood if there is a "No" vote on 18 September.
It came in the wake of a YouGov poll for the Sunday Times over the weekend which was the first mainstream study to put the pro-independence Yes Scotland campaign narrowly ahead.
Source: BBC

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