Scottish independence

As Referendum Nears Scottish Small Business’ Confidence Drops

Two thirds of Scotland’s small firms concerned about Yes Vote impact while UK businesses remain unfazed New research reveals that as British small business confidence has increased dramatically, Scotland’s has declined in the last three months – with Scottish firms worried that independence could have negative ramifications for business. The research, conducted by the Federation of Small Businesses (FSB) and the University of Edinburgh, consisted of nearly 1,800 Scottish small businesses, of which 67% felt that a break from Britain would influence the daily running of their company – with one-in-five stating that it had already altered business decisions this year. British small and mid-sized firms remain unconcerned about the impact of a possible ‘Yes Vote,’ with research from executive c... »

Majority of Small Businesses Concerned About Negative Impact of Scottish Independence

54% of Scottish businesses want to remain part of the UK with 83% of English firms supporting a continued union In the lead up to the referendum on Thursday, a new survey has revealed 68% of small firms believe Scottish independence will have a negative effect on business in Scotland, with 45% concerned about the overall consequences it will have throughout the rest of the UK. The survey was conducted by Clear Books and featured 500 small and mid-sized businesses across Britain. 54% of Scottish respondents stated that they were against breaking away from Britain with 83% of English businesses also supporting a continued union. However, although 76% of the English small and medium-sized firms felt Scottish independence would have a negative impact on small businesses in Scotland, only 48% o... »