Scottish giants prepare to leave country before independence vote - poll

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Leading Scottish firms are acting ahead of the referendum later this year to move operations out of the country into the rest of the UK, according to a survey.

The poll - commissioned by the Daily Mail- of 100 businesses with combined sales of more than £15bn and which employ thousands of staff showed that more than a third would consider quitting Scotland, possibly by moving operations elsewhere in the UK or by moving their legal headquarters south of the border. The damage to Scotland's £102bn economy of such a substantial relocation would be considerable. Major financial firms such as banks RBS and Lloyds are likely to have to move their legal homes - their registered offices - to London following a European Union directive that they must...

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