The Economic outlook for Scotland

CLAPTON

beecher2 wrote: »

You think rUK will boycott Scotland and Scottish products if we vote for independence?

I would say it rather depends upon how the split actually goes.


I would think that most rUK people would remove money/savings/pensions/insurance (where ever possible) etc from Scottish institutions simply as it will be safer in ruk than in a totally unknown Scottish financial environment.
I doubt any ruk based IFA would recommend a scottish financial institutions in case it goes wrong and they are accused of miss-selling. I would image that many Scottish people would put their money in ruk too.


As to boycotting Scottish goods or not visiting Scotland, a lot would depend upon how 'friendly' the negotiations were:
if Scotland e.g. did refuse to pay its share of the debt (for whatever reason) I would think there would be an anti-Scottish backlash


otherwise I wouldn't see much change in behaviour : indeed more people may be curious about Scotland and go visit.

Graham_Devon

mayonnaise wrote: »

You can also have Australian or U.S. Aberdeen Angus you know.

Psst Graham, Aberdeen Angus is a cattle breed, they're not called like that because they're all grazing in and around Aberdeen.

Never said they were. You are trying far to hard.

You may have missed the point, but my whole post was regarding the ability for Scotland to use their name to promote products. Aberdeen Angus beef was simply an example.

They could do the same with shortbread and promote the Scottish brand far more to other areas in the EU for example. That does not mean I think all shortbread comes from Scotland, simply that the product is Scottish in its roots, so quit with the utterly pointless "one upman ship" which only serves to create these arguments you moan so bitterly about.

mayonnaise

Graham_Devon wrote: »

Never said they were. You are trying far to hard.

You may have missed the point, but my whole post was regarding the ability for Scotland to use their name to promote products. Aberdeen Angus beef was simply an example.

They could do the same with shortbread and promote the Scottish brand far more to other areas in the EU for example. That does not mean I think all shortbread comes from Scotland, simply that the product is Scottish in its roots, so quit with the utterly pointless "one upman ship" which only serves to create these arguments you moan so bitterly about.

okay okay no need to turn another thread into yet another episode of the graham devon show.

Graham_Devon

mayonnaise wrote: »

okay okay no need to turn another thread into yet another episode of the graham devon show.

And there we go - did you even read the whole post?

You've done exactly as I said you would.

You have a pop out of nowhere, and then, as soon as I answer, you complain I'm turning it into the "graham devon show". What do you want exactly? To continually have a go out of nowhere and never have a word said back? If so, just let me know.

BACKFRMTHEEDGE

£4 billion knocked off 7 Companies with Scottish Links


Lloyds Banking Group are down by 3.3%, wiping £1.74bn off its value.
Royal Bank of Scotland have shed 2.8%, or £1.1bn.
Energy firm SSE and
Standard Life have both lost £400m,
Babcock is down £233m,
Weir Group down £100m and
Aberdeen Asset Management off by £82m.

In total, more than £4bn has been knocked off those seven company’s value.

BACKFRMTHEEDGE

Writing for the New York Times, Krugman said he found it "mindboggling" that Scottish voters were prepared to go independent without a deal to share the pound or have a central bank......

BACKFRMTHEEDGE

Oliver Harvey, foreign exchange strategist at Deutsche Bank, said the British public establishment is reacting with "rising panic" to Sunday's YouGov poll. He believes a yes vote on 18 September could derail the UK's economic recovery.

BACKFRMTHEEDGE

Below are highlights of the advice banks have given to their clients in a raft of research notes sent out in the run-up to the vote on Sept. 18.


DEUTSCHE BANK


- "Be afraid, be very afraid."

UBS
- "Significant risk" of bank deposits fleeing Scotland within days of a Yes vote.

IveSeenTheLight

BACKFRMTHEEDGE wrote: »

Oliver Harvey, foreign exchange strategist at Deutsche Bank, said the British public establishment is reacting with "rising panic" to Sunday's YouGov poll. He believes a yes vote on 18 September could derail the UK's economic recovery.

It's interesting how some believe that Scotland is important to the UK economy and others dismiss it.

BACKFRMTHEEDGE