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Effect of Scottish Independence Vote

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  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    where do You buy the guns,tesco

    Talking stupid
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
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    #81 save 2018£4200
  • black_taxi wrote: »
    SCOTLAND ON SUNDAY TOMORROW

    The largest swing towards a Yes vote recorded so far in the campaign is revealed today in an ICM survey for Scotland on Sunday, which has found that support for independence has grown from 32 per cent to 37 per cent since September.

    The surge in those backing Yes was accompanied by a corresponding drop in No support by five percentage points from 49 per cent in September to 44 per cent currently.

    The poll also found that when the 19 per cent who said they didn’t know how they would vote were excluded, support for Yes is at 46 per cent compared with 54 per cent who said they would vote No.

    There was more good news for Yes Scotland, when the “don’t knows” were pressed further on their views on independence. When they disclosed how they were “most likely” to vote, the results were factored into the equation and the pollsters found that support for independence stood at 47 per cent compared with 53 per cent in favour of No.

    Polls are good.
    black_taxi wrote: »
    only poll that counts is sept 18th

    Polls are bad.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    it's April 1st, so thought i ought to resurrect this thread...

    from SJP:

    "The Scottish question

    Meanwhile, in Scotland the debate about the cost of a yes vote for independence has continued to rumble with
    the referendum now only six months away. Scotland’s financial services and banking industry last week found
    itself drawn into the fray over the cost and length of disruption if Scotland were to choose to break away. The
    former Royal Bank of Scotland (RBS) chief executive, Sir George Mathewson, claimed independence would
    benefit the financial sector; while the trade body, Scottish Financial Enterprise (SFE), has highlighted the
    uncertainty that a yes vote would stir for the nation’s currency and the prospect of higher regulatory costs. Sir
    George also has the support of Angus Tulloch of fund managers First State. Both claim that independence
    would offer opportunities to attract more jobs and investment to Scotland and its financial services industry.
    However, RBS, Lloyds and other institutions have identified risks to their businesses in the event of a yes vote,
    while Standard Life has warned that a vote to leave the union could lead to it moving operations out of
    Scotland.

    However, fund manager BlackRock has highlighted the “major uncertainties, costs and risks” for Scotland and
    the UK from a breakup of the 307-year-old union. BlackRock said that currency union was unfeasible, and
    Scotland adopting its own currency was the best of the few choices open to Edinburgh in the event of breakup.
    The fund manager also warned that Scotland’s cost of borrowing could rise, with its credit rating likely to be
    several notches below the UK’s rating. The fund manager also cited concerns over currency strategy, monetary
    credibility and a banking sector 12 times the size of Scotland’s GDP. “Kilt-edged securities would sell at higher
    yields. Scotland would have to pay more to borrow than the UK, and accept shorter maturities,” BlackRock
    said. “The country’s likely high debt, fiscal deficit, weak economic growth, lack of institutional frameworks
    and low forex reserves suggest a higher-than-normal debut sovereign yield spread. This would add to
    Scotland’s fiscal stress.
    ” "

    "Kilt-edged securities":D
  • I am glad that Tulloch's fund is doing so well that he can afford to take time off and dabble in politics.


    Oh, wait, actually his fund has lost 6% over the past year.


    So, maybe he should concentrate on doing the job I and other investors are paying him richly to do: i.e. to grow rather than shrink our money.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i would feel the same, in your shoes. he is highly rated though.

    some amazing SNP drivel spouted in R4 this morning...in response to the Nick&Nige debate. direct claims that Scotland is an existing EU State...with no acceptance of the facts.

    how are the polls looking now? is the 'Yes' campaign looking any more likely to win through?
  • rpc
    rpc Posts: 2,353 Forumite
    planteria wrote: »
    some amazing SNP drivel spouted in R4 this morning...in response to the Nick&Nige debate. direct claims that Scotland is an existing EU State...with no acceptance of the facts.

    Prof Tomkins v Andy Miles on newsnight was rather interesting and covered some of the same ground. And very soon after that, Nicola Sturgeon cancelled her planned debate with Prof Tomkins...
    how are the polls looking now? is the 'Yes' campaign looking any more likely to win through?
    Not much change, there never has been. http://whatscotlandthinks.org/questions/should-scotland-be-an-independent-country-1#line or http://ukpollingreport.co.uk/scottish-independence-referendum Certainly no trend, a fairly steady 10 point lead for no, with a bit of noise around it.

    If you want to follow the money
    http://www.oddschecker.com/politics/british-politics/scottish-independence/referendum-outcome
  • ColdIron
    ColdIron Posts: 9,899 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    planteria wrote: »

    how are the polls looking now? is the 'Yes' campaign looking any more likely to win through?
    Betfair holding pretty steady, a bit of a drift out for the No vote from 1.21 to 1.25. Or in other words chance of a No majority of was 82.5% and is now 80%

    http://uk.site.sports.betfair.com/betting/LoadRunnerInfoAction.do?marketId=110033387&selectionId=5334893&timeZone=Europe/London&region=GBR&locale=en&brand=betfair&currency=GBP
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I am glad that Tulloch's fund is doing so well that he can afford to take time off and dabble in politics.


    Oh, wait, actually his fund has lost 6% over the past year.


    So, maybe he should concentrate on doing the job I and other investors are paying him richly to do: i.e. to grow rather than shrink our money.


    What is he investing in ? I just got one of our pension statements today- up 18% last year.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    rpc wrote: »
    Prof Tomkins v Andy Miles on newsnight was rather interesting and covered some of the same ground. And very soon after that, Nicola Sturgeon cancelled her planned debate with Prof Tomkins...

    :laugh:she's an angry, bitter, blinkered clown.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    planteria wrote: »
    :laugh:she's an angry, bitter, blinkered clown.

    That's a bit harsh, as with the majority of politicians she's self serving her own interests both now and in the future. Lucrative salary and benefits currently and from a scottish perspective independence may well represent a better opportunity for lucrative non executive directorships in the future whereas these would now be london based.
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