Scottish Banks to Move If Independence Is Approved

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Description: Scotland’s leading banks warned Thursday that they would move their headquarters to England if Scots vote to leave the United Kingdom, intensifying doubts about the territory’s economic future and dealing a blow to the Scottish independence campaign just days ahead of a historic

Source:ABCNews.com

Date: Sep 11, 2014

Link: http://abcnews.go.com/International/wireStory/scottish-banks-move-independence-approved-25435839

Questions for Discussions:

  • What are the economic questions related to an independent Scotland?
  • Why would financial institutions be motivated to relocate to England?

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