'Decade of economic decline' predicted for independent Scotland

clock

An independent Scotland would result in its economy struggling for at least ten years, according to a poll of leading fund managers.

The Telegraph reports just 3% of those polled believed Scotland would have a stronger economy one year on from a split. The poll of more than 200 fund managers came out strongly in favour of keeping the union together. However, should Scotland vote ‘yes’ many said it would eventually benefit the rest of the UK. Some 58% thought the UK economy would be stronger in ten years without Scotland, the report added. Nick Lewis, head of trading at Capital Spreads who commissioned the poll, said: “City investors believe that the UK would be 'Better Apart’ from Scotland, which will give food fo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Gilt yields fall after Donald Trump backs down in 'tariff war'

Gilt yields fall after Donald Trump backs down in 'tariff war'

US president pauses most additional tariffs

Jonathan Stapleton
clock 10 April 2025 • 2 min read
Reeves defends yearly Budget to avoid 'constant chopping and changing'

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Treasury Committee scrutinises chancellor on Spring Statement

Isabel Baxter
clock 02 April 2025 • 3 min read
Five key takeaways from the Spring Statement 2025

Five key takeaways from the Spring Statement 2025

OBR growth, ISA reforms and defence

Sorin Dojan
clock 27 March 2025 • 4 min read