Industry reaction as Scotland rejects independence

As the result suggests 55% of voters rejected a move to independence, the tone coming from the funds industry is one of relief, but several have warned sterling could remain vulnerable, and the political climate could put the brakes on any potential UK rate rise.     Martin Gilbert, chief executive of Aberdeen Asset Management: “The campaigning is over and UK investors will welcome a reduction in the uncertainty of recent months. Tomorrow attention will turn again to the situation in Ukraine, the conflict in the middle east and the fragile European economy.   “Both sides of the indepe...