Effect of Scottish Independence Vote

TCA

black_taxi wrote: »

S & P gave Scotland AAA without the Oil

Not exactly. It said Scotland would be an investment grade economy, a category it applies to sovereign nations rated BBB- or higher. It did say that Scotland's wealth levels are comparable to those of AAA listed nations, and that as an independent country - even without North Sea oil - Scotland will qualify for S&P's highest economic assessment. AAA not insurpassable but not easy either.

redcard

markwilkinson wrote: »

I'm biased, of course, I pay tax.

Let's give you a big round of applause!!

You pay tax. How brilliant of you. Congratulations!!

bigheadxx

TCA wrote: »

Lies, damned lies and statistics....... As you hinted at, figures can be twisted to reveal whatever viewpoint somebody wishes.

My main point is, that whether people like it or not, an independent Scotland would have considerable oil revenues that are currently not attributed to it in the UK government GERS calculation. Whether the oil runs out next year or not, the continually spouted rhetoric that Scotland is currently subsidised by rUK is not based on fact.

Nor is it based on fiction. Its greatest subsidy is that it us part if the UK economy.

planteria

laser707 wrote: »

I am planning to move my SIPP and ISA account from HL. The two leading companies I want to go with ii and ATS are both based in Scotland. I am concerned about what would happen to my account should Scotland vote for Independence as I wouldn't want my finances to be based outside of the UK and its financial regulation.

still only the 1 post from laser707... and i am pretty sure i am moving from HL to III for my investment platform. if The Share Centre, for example, were as competitive, i would go with them instead. but a. i suspect Scotland will vote to remain part of the Union and b. if they leave the Union, III, like Standard Life, will ensure that it's customers are looked after properly.

masonic

planteria wrote: »

b. if they leave the Union, III, like Standard Life, will ensure that it's customers are looked after properly.

I'm sure Standard Life will make sure its rUK customers are looked after properly.

III is different since it is headquartered in London and registered in England, but I'd think an independent Scotland would not want to get rid of the customer service centres of English companies like III. Whether or not it would remain economically feasible to keep them there I don't know.

planteria

masonic wrote: »

I'm sure Standard Life will make sure its rUK customers are looked after properly.

III is different since it is headquartered in London and registered in England, but I'd think an independent Scotland would not want to get rid of the customer service centres of English companies like III. Whether or not it would remain economically feasible to keep them there I don't know.

agreed. i would rather the contact centre was in England, to be honest. the two people i've spoken to today were dour beyond belief...but did know their stuff once you could prize them open.

innovate

planteria wrote: »

agreed. i would rather the contact centre was in England, to be honest. the two people i've spoken to today were dour beyond belief...

Gosh we are getting into stereotypes now.

planteria

innovate wrote: »

Gosh we are getting into stereotypes now.

they really were though. im surprised, as HL, for all they are slated, are very good at ensuring that people are upbeat. and the brief conversations ive had with The Share Centre were similar. i was surprised how hard going III were.. but it's not a major problem.

planteria

Shell, Lloyds and Barclays join in:

http://www.telegraph.co.uk/finance/economics/10679325/Shell-Barclays-and-Lloyds-warn-Scotland-over-independence.html

planteria

"A Scottish government spokeswoman said: "The Scottish government agree with Shell that the real risk facing the oil and gas sector is the proposed in-out referendum on EU membership, which risks taking Scotland out of Europe with all the consequences for jobs, investment and prosperity that would entail.":laugh: