Tuesday, September 9, 2014

Investors Nervous About Scottish Independence

With just nine days to go before the vote on Scottish independence, major global investors are withdrawing billions of pounds from the U.K. economy over fears Scotland may vote "yes" to becoming an independent country. The capital outflow has been as high as 12 billion pounds ($20 billion) from the country so far this year, according to figures from Societe Generale SA (EPA:GLE), which has raised concerns over how international markets could react once Scotland votes Sept. 18.

Read more... http://www.ibtimes.com/how-scottish-independence-would-affect-financial-markets-1683354?ft=l181c