'Decade of economic decline' predicted for independent Scotland

clock

An independent Scotland would result in its economy struggling for at least ten years, according to a poll of leading fund managers.

The Telegraph reports just 3% of those polled believed Scotland would have a stronger economy one year on from a split. The poll of more than 200 fund managers came out strongly in favour of keeping the union together. However, should Scotland vote ‘yes’ many said it would eventually benefit the rest of the UK. Some 58% thought the UK economy would be stronger in ten years without Scotland, the report added. Nick Lewis, head of trading at Capital Spreads who commissioned the poll, said: “City investors believe that the UK would be 'Better Apart’ from Scotland, which will give food fo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

UK ups defence spending to 2.6% of GDP by 2027 as billions pledged

UK ups defence spending to 2.6% of GDP by 2027 as billions pledged

Chancellor delivered Spending Review

Sorin Dojan
clock 11 June 2025 • 4 min read
Chancellor to pledge billions to 'invest in Britain's renewal' in Spending Review

Chancellor to pledge billions to 'invest in Britain's renewal' in Spending Review

Rachel Reeves to unveil Spending Review later today

Linus Uhlig
clock 11 June 2025 • 1 min read
Five years on from Covid: What's next for markets?

Five years on from Covid: What's next for markets?

It is now five years since the start of the UK’s Covid lockdown. Since then, we have seen considerable market and geopolitical-related change. Here, William Marshall looks back over the past five years and also explores what we might expect from markets...

William Marshall
clock 06 May 2025 • 4 min read