FlyTheNest

I am not a yes supporter. However.

RBS will move south. Scotland couldn't afford for them to stay as the economy isn't big enough to accept the liabilities.

Nobody knows what currency Scotland will use for the 5 years between independence and adopting the Euro. My honest advice, if you have money in a Scottish bank move it to an rUK bank just in case.

Scotland's biggest problem as an independent nation is they don't have enough people, think New Zealand (but with a less benign climate, and safer geology). I would be surprised if an Independent Scotland will be able to sustain free healthcare when the oil runs out.

The oil companies would have massive leverage in the short term. They have fields all over the world. A few mutterings about uncompetitive tax, blah, blah, prioritize other areas, would really focus Scotland's mind. As would finance too. As Simon Wren-Lewis, it's one thing to moan about how the UK is captured by interests, but nobody seems to have shown that Scotland would resist them any better.

Nicola Sturgeon has been assuring everyone there won't be passport checks. She needs to realise she has no control over what a foreign, and much powerful, neighbour will do. It's the currency union nonsense again.

A few people on the left have talked some rubbish about how much more positive the Yes campaign is. But it can't answer basic questions and can promise anything.

The oil companies would have massive leverage in the short term. They have fields all over the world. A few mutterings about uncompetitive tax, blah, blah, prioritize other areas, would really focus Scotland's mind. As would finance too. As Simon Wren-Lewis, it's one thing to moan about how the UK is captured by interests, but nobody seems to have shown that Scotland would resist them any better.

Nicola Sturgeon has been assuring everyone there won't be passport checks. She needs to realise she has no control over what a foreign, and much powerful, neighbour will do. It's the currency union nonsense again.

A few people on the left have talked some rubbish about how much more positive the Yes campaign is. But it can't answer basic questions and can promise anything.

Evening All!

As usual haven't been on one much over the weekend but have enjoyed skimming through a lot of great posts so thank you

Good innit!

Not being that well up on the debate why haven't companies like RBS sorted out what they will do if there's a yes vote.
Their board and ministers must have discussed it and have contingency plans. It's not like they're a little penny ante bank.
There's so much up in the air. It seems very badly organised. With such a short time to go, I'd still be quite bewildered on what option to choose if I were a Scot.

One piece of news that may have passed us by is that Charlotte Leslie's Mum Jane is now world champion for her age group at triathlon!

http://www.bristolpost.co.uk/Jane-Lesli ... story.html

Lloyds have done their planning, RBS are being a bit more coy.

http://uk.reuters.com/article/2014/09/02/uk-lloyds-scotland-idUKKBN0GX20920140902

Lloyds have done their planning, RBS are being a bit more coy.

http://uk.reuters.com/article/2014/09/02/uk-lloyds-scotland-idUKKBN0GX20920140902

Some executives want the Bank of England to reiterate that it will continue to act as lender of last resort during the transition period and calm any fears among investors and depositors

Labour targets Crosby over lobbying

Thanks for link


..Err no. If there is a run on the £ (or the economy falls down round everyone's head) after a yes vote, I don't fancy picking up any of Scotland's problems.

All bodies to which the SPFM [Scottish Public Finance Manual] is directly applicable, including bodies sponsored by the SG, are required to have their core bank accounts with the Government Banking Service (GBS)...
http://www.scotland.gov.uk/Topics/Government/Finance/spfm/banking#SG%20Contract

The Government Banking Service provides cost-effective banking transaction services to its customers through contracts with Citigroup and Royal Bank of Scotland Group
Our customers make payments and collect receipts through their respective Citigroup and RBSG accounts.
http://www.hmrc.gov.uk/gbs/about.htm

Lloyds have done their planning, RBS are being a bit more coy.

http://uk.reuters.com/article/2014/09/02/uk-lloyds-scotland-idUKKBN0GX20920140902

I guess the BoE won't have any choice but to be LoLR as long as Scotland is part of the UK, irrespective of the vote. However, I wouldn't be surprised at some sort of emergency legislation to stop cash flowing out of Scotland in the event of a 'yes' vote.

After I read the Reuters article, I began to wonder why RBS weren't being as open as Lloyds. I found the following on the Scottish Government website:



and on the HMRC website:


So RBS have a vested interest in not upsetting the Scottish Government if they want to keep the business post-independence.

Duncan Stephen ‏@DuncanBSS · 5h
Easy to see why Rupert Murdoch is a yes man. Alex Salmond's white paper promises the break up of the BBC. Murdoch's dream. #nothanks

https://twitter.com/DuncanBSS/status/508652017968226304

Retweeted by Tony Hughes (CP)
Lee Martin ‏@LeeMartin4947 · 1h
"The people of Wales are all-too familiar with the broken promises of the unionist parties." @LeanneWood #indyref

https://twitter.com/LeeMartin4947/statu ... 0908768256

Are the Welsh backing Scotland independence now? Is this poster her own view or the official Plaid Cymru ones? What is the Silk Commission? When was it started?
Sigh...
So much to learn, so little time...

Don't let me be last Queen of Scotland: Monarch in talks with PM over UK break up

(Golf's still on - sorry)


http://www.mirror.co.uk/news/uk-news/do ... ch-4181230

Best thing they can do is send Him, Her and The Baby George up there on walk abouts..

There's not too much pro-independence sympathies in Wales AAW, at least not around here, think it's more of a few PC trying to bask in any SNP glory.

There's not too much pro-independence sympathies in Wales AAW, at least not around here, think it's more of a few PC trying to bask in any SNP glory.

Thanks - I'm getting really quite despondent, what with Scotland, seemingly the Welsh, not to mention the never ending golf, bad chips and the tories in general....
I just can't wait for 7th May 2015
LANDSLIDE! ) Joy - Oh yes

One better..
Send Him, Her and The Baby George up there on walk abouts AND announce in Edinburgh (or Glasgow, not fussy) that She's having another baby AND that it will be called James (even if it a girl)

While we are at it, this can't be said enough too.

https://twitter.com/jreedmp/status/508734568057556992

Sick and tired of being told that England is Westminster and England is Tory. A shameful, rotten, knowing lie.

And they could even stay up there perhaps? They've got links - from their old university days ... He could be their new monarchy and double up as air defence.

She's going up to Scotland this week for a pro YES visit apparently - Leanne that is.

... In two months time the traditional doctor’s note excusing you from work will start to cease being valid if you are still sick after four weeks.

Just before Parliament went into the summer recess welfare reform minister, Lord Freud, announced that a US multinational company,Maximus, which also operates in Canada and Saudi Arabia will take over running the new Health and Work Service for England and Wales... The Scottish government has declined to contract out the work to the private firm and will keep the assessment programme as part of the public service.
... More worryingly it appears that the private company which will make the decision will not see anyone – and create a Return to Work programme via a call centre telephone interview and a decision by email.

The package is supposed to be agreed between the sick person and the private company and sent to both the individual and their employer. Failure to co-operate with the service will mean the individual will lose their sick pay.

Lord Freud is quoted in a DWP press release emphasising how the scheme will improve economic productivity and get people back to work faster.