Businesses and academics warn country would
be plunged into turmoil
Scotland would join the list of impoverished
European countries
Another says there would be 'utter panic' if
voters back independence
Finance experts, academics and business leaders have raised fears that independence would destroy the economy, hit investment and force companies to migrate to England.
Finance experts, academics and business leaders have raised fears that independence would destroy the economy, hit investment and force companies to migrate to England.
In an unprecedented survey that will
prove devastating for the SNP, analysts believe a Yes vote in the referendum could
lead to the loss of thousands of jobs and plunge the country into turmoil.
One finance insider suggested Scotland would be added to the list of impoverished European countries left on
their knees. Another said there would be 'utter panic' among finance firms
and several warned of a 'disaster' for Scotland.
Alex Salmond's separatist vision was dismissed as 'economically incoherent'; there were warnings that 'skilled labour' would leave; and creating a new border would cut gross domestic product (GDP) by as much as 3 per cent.
The findings are particularly humiliating
for Deputy First Minister Nicola Sturgeon, who yesterday predicted the economy
would be the key battleground in the referendum campaign.
The Financial Times asked a number of
high-profile economists and eminent university professors to examine the impact
of a Nationalist victory in September.
No comments:
Post a Comment