This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/uk-scotland-scotland-politics-26343914
The article has changed 5 times. There is an RSS feed of changes available.
Version 2 | Version 3 |
---|---|
Scottish independence: Holyrood and Westminster questioning business leaders | Scottish independence: Holyrood and Westminster questioning business leaders |
(35 minutes later) | |
Committees in both Holyrood and Westminster are questioning Scottish business leaders ahead of the independence referendum. | |
The Scottish Parliament's economy committee will speak to those on both sides of the independence debate. | The Scottish Parliament's economy committee will speak to those on both sides of the independence debate. |
They include Clyde Blowers chairman Jim McColl and Aggreko boss Rupert Soames. | They include Clyde Blowers chairman Jim McColl and Aggreko boss Rupert Soames. |
Later, representatives of Scotland's financial services industry will address a House of Commons committee alongside industry regulators. | Later, representatives of Scotland's financial services industry will address a House of Commons committee alongside industry regulators. |
On 18 September, voters in Scotland will be asked the Yes/No question: "Should Scotland be an independent country?" | On 18 September, voters in Scotland will be asked the Yes/No question: "Should Scotland be an independent country?" |
MSPs are speaking to a dozen business leaders based in Scotland as part of an inquiry into Scotland's economic future and implications of either a "Yes" or "No" vote. | MSPs are speaking to a dozen business leaders based in Scotland as part of an inquiry into Scotland's economic future and implications of either a "Yes" or "No" vote. |
Mr McColl declared his support for independence in 2012, arguing that Scotland required "the levers of full economic control". | Mr McColl declared his support for independence in 2012, arguing that Scotland required "the levers of full economic control". |
He said: "It appears that only independence as defined by the Scottish government, an independent nation within this social union and common market of the UK, will allow England and Scotland to pursue distinct economic policies in the face of different demands and competitive pressures." | He said: "It appears that only independence as defined by the Scottish government, an independent nation within this social union and common market of the UK, will allow England and Scotland to pursue distinct economic policies in the face of different demands and competitive pressures." |
In the same year Rupert Soames, who heads one of Scotland's and the UK's largest firms, argued that "if [independence] actually happened, it would then be extremely disruptive having to go through all the issues around tax, currency and everything like that". | In the same year Rupert Soames, who heads one of Scotland's and the UK's largest firms, argued that "if [independence] actually happened, it would then be extremely disruptive having to go through all the issues around tax, currency and everything like that". |
Mr Soames, the grandson of Winston Churchill and brother of Conservative MP Nicholas Soames, told a House of Lords committee he expected more business leaders to speak out closer to the referendum. | Mr Soames, the grandson of Winston Churchill and brother of Conservative MP Nicholas Soames, told a House of Lords committee he expected more business leaders to speak out closer to the referendum. |
The Holyrood committee will also hear from the members of the pro-independence Business for Scotland group, as well as business leaders who have not declared support for either side. | The Holyrood committee will also hear from the members of the pro-independence Business for Scotland group, as well as business leaders who have not declared support for either side. |
In London, MPs on the Scottish Affairs Committee will examine the possible impact of independence on financial services in Scotland. | In London, MPs on the Scottish Affairs Committee will examine the possible impact of independence on financial services in Scotland. |
They will question, amongst others, Mark Neale of the Financial Services Compensation scheme, who has argued that Scotland will need its own guarantee scheme for bank customers under independence. | They will question, amongst others, Mark Neale of the Financial Services Compensation scheme, who has argued that Scotland will need its own guarantee scheme for bank customers under independence. |
He said: "It is the case that member states of the European Union are required to have their own deposit guarantee schemes. | He said: "It is the case that member states of the European Union are required to have their own deposit guarantee schemes. |
"Applying that European law, were Scotland to become independent and were it to join the European Union, it would be required by European law to have its own deposit protection arrangement within its own jurisdiction." | "Applying that European law, were Scotland to become independent and were it to join the European Union, it would be required by European law to have its own deposit protection arrangement within its own jurisdiction." |
The Scottish government has said it would establish its own compensation scheme. | The Scottish government has said it would establish its own compensation scheme. |