Scottish Independence Vote Creates Market Uncertainty

The British financial markets stumbled on Monday due the uncertainty caused by the Scottish independence referendum coming up on Sept. 18.

A poll released by the Sunday Times showed for the first time that the majority of Scotland will vote in favor of independence.

According to Reuters, the poll prompted concern bordering on panic among Britain's ruling elite, with Prime Minister David Cameron's Conservative-led government promising proposals this week to grant Scotland greater autonomy if it stays.

Trending: Notre Dame Fire: Here’s What We Know About What Started It

The Sterling fell more than 1 percent, which is its biggest one-day drop in 13 months – to $1.6141, long-dated government bonds tumbled and 3.5 billion pounds was wiped off the market value of six London-listed companies with large exposure to Scotland, reported Reuters.

take our poll - story continues below

Should Joe Biden drop out of the Presidential race because of his inappropriate touching of women?

  • Should Joe Biden drop out of the Presidential race because of his inappropriate touching of women?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Freedom Outpost updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

A poll released by the Sunday Times put the "Yes" to independence campaign at 51 percent against the "No" camp at 49 percent.


Don't forget to Like Freedom Outpost on Facebook, Google Plus, & Twitter. You can also get Freedom Outpost delivered to your Amazon Kindle device here.

You Might Like
Previous The Era Of Widespread Biometric Identification And Microchip Implants Is Here
Next Major US Think Tank Influencing US Politicians With Dirty Arab Money

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please hover over that comment, click the ∨ icon, and mark it as spam. Thank you for partnering with us to maintain fruitful conversation.