If it's only the paperwork, sure your right ... As I understand it, both of the banks and Standard Life have significant staff employed in Edinburgh & Glasgow providing various functions aside from front line banking for example, so if they get moved there's massive jobs gone ! Why would those companies, want to be incuring unnecessary overheads in a new currency for example, if they can relocate the services to England (assuming Scotland votes Yes and leaves the GBP£) ... it's an unnecessary FX risk, it also may in time lead to different employment laws etc. etc.
The flipside of that Garrett is that and Independent Scotland decides it's own Corporation Tax rate, and they could become a very attractive base for business. Probably to our detriment
Various articles are implying different things, so it's not clear in fairness: http://www.heraldscotland.com/polit...s-to-move-hqs-south-after-yes-vote.1410390981 http://www.businessweek.com/news/2014-09-10/rbs-lloyds-london-move-irreversible-after-scot-turmoil http://www.mirror.co.uk/news/uk-news/royal-bank-scotland-lloyds-bank-4199268
What would be the basis for not allowing them? Genuine question btw, I wouldn't know. Is there precedent for that, would they have to reapply? What would be the reasons for expulsion? Are Scotland, Wales, Northern Ireland only EU members under the terms of the Union, not as an individual entity
United Kingdom are listed as a member state. England, Scotland, Wales & NI are not. But I don't know what would happen if they split.
They'd have to apply of they want in but they could face opposition from Spain and Belgium as they both fear that a yes vote will cause issues with the Basques and Flemish and dont want to see Scotland legitimised. Plus the remainder of the UK could try block it too out of spite
Problem is they want to be in the EU as an Independent Scotland but don't want the euro. They want the pound but it ain't straightforward that they will get it. no vote seems to be gaining ground from what I heard on radio today.
The Spanish have been making comments about blocking the Scottish from joining the EU, they don't want to set a precedent for the Catalan/Basque areas.
What will happen to the nhs in a independent Scotland? Haven't heard much about it, would of thought its a important question.
i have read up a bit on this matter. It seems to me that this is very risky business by Alex Hammond and the Scots in favour. They aren't doing too badly as part of the British empire (economically), and i fear the worst for them if / when they go solo thoughts??
What you say is very true (except that his name is Salmond) and is the reason why so many Scots are looking at a No vote. I think their economic future is more sound than ours was in the 1920s but no one can predict for certain. The fear of the unknown will probably push the undecided voters in the No direction.
i was thinking of the sexy alex hammond, my bad. Yes, i think the risk is very great. You would really have to buy into what Salmond is offering. I think paddypowers odds reflect the outcome to be honest. I don't know what i'd vote for if i were a Scot.
Me ma and all her side of the family are from Glasgow and have lots of friends and family still there. Me ma is convinced it will be a NO vote.