Sterling strengthens as Scotland says 'No' to independence

Nationally the margin of victory for the 'no' campaign is about 55% to 45%, the BBC reports. Draft legislation will be published by January on further devolution, as promised by Westminster if independence was rejected, with Lord Robert Smith, who oversaw the  Olympic Games, set to oversee the process. The BBC's Andrew Marr has labelled the announcement a "constitutional revolution". Sterling hit a two-year high against the euro and a two-week high against the US dollar overnight, as the Scotland vote result became clear. In early Asian trade, sterling spiked to 78.12 pence per e...