Standard Life could exit Scotland over independence

Jenna Towler
clock

Standard Life has put contingency plans in place to relocate its operations should Scotland vote for independence.

In an extract from its latest results, it said it would consider relocating its operations if the Scottish people vote to leave the union. The group's chief executive, David Nish, said many issues around independence are yet to be resolved. These include:  The currency an independent Scotland would use  Whether agreement and ratification of an independent Scotland’s membership to the European Union would be achieved by the target date (currently 24 March 2016) The shape and role of the monetary system The arrangements for financial services regulation and consumer protecti...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

The Big Question: What would it take for you to allocate more of your portfolio to the UK?
UK

The Big Question: What would it take for you to allocate more of your portfolio to the UK?

Global asset allocators answer

Investment Week
clock 04 April 2025 • 1 min read
Martin Currie's Jo Rands: Share buybacks are here to stay
UK

Martin Currie's Jo Rands: Share buybacks are here to stay

Hidden element of returns

Jo Rands
clock 04 April 2025 • 3 min read
OBR defends growth forecast leak as MPs question lack of tariff references in outlook
UK

OBR defends growth forecast leak as MPs question lack of tariff references in outlook

UK growth expectations slashed to 1%

Sorin Dojan
clock 01 April 2025 • 3 min read
Trustpilot