Thursday, September 11, 2014

Scotland: Bank Jobs And Higher Prices Warning

Scotland bank

Scottish shoppers have been warned by major retailers they face higher prices if they vote for independence next week. Asda and John Lewis said the increased costs of operating in an independent Scotland would inevitably be passed on to the consumer.
Their warnings come after banks and insurers said they would head for the exit door were Scotland to break away from the rest of the UK. A day of bad news for the Yes campaign continued when the International Monetary Fund (IMF) said a vote for independence could have a negative effect on the markets in the short-term because of "uncertainty".
INC News, 11/09/2014

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