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SNP threatens revenge against businesses that speak out
Don't think this will calm the nerves of companies based in Scotland. I suspect even more will now be looking to leave.
http://www.telegraph.co.uk/news/uknews/scottish-independence/11091801/Big-business-warned-of-day-of-reckoning-if-Scots-vote-Yes.html
Alex Salmond’s former mentor today promised a “day of reckoning” for big business if Scots vote for independence including the nationalisation of BP, the break-up of the banks and a boycott of John Lewis.
http://www.telegraph.co.uk/news/uknews/scottish-independence/11091801/Big-business-warned-of-day-of-reckoning-if-Scots-vote-Yes.html
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He has well and truly lost it (if you didn't think he'd lost it a long time ago). Anyone who votes 'Yes' surely knows this is all about him?
There has been plenty of anecdotal evidence of Nats intimidating businesses in Scotland, but this is so overt I am absolutely staggered.
How can he nationalise BP? - its a British company, nothing to do with Scotland.
If nobody thought this was about power and more about what is right for Scotland, then they may now think differently if they read Sillar's comments.
Exactly, for many of the nationalist socialist blueshirt thugs it's not about Scotland at all, it's about creating a Marxist state.
Paranoid rubbish. When a Yes vote looked unlikely, the companies did not want to speak publicly because they knew that they'd be berated by Salmond and his gang of blueshirt nationalist socialist thugs. As soon as the Yes vote took the lead, they knew they had to speak out because they have a duty to their shareholders, customers and employees to tell them what the implications of an independent Scotland would be.
The establishment have had it coming for years, maybe Scottish independence would trigger something in the rest of the UK?
And do the banks and business elite fear that I wonder?
Tinfoil hat for Mr Smudge please..
They are beating their chest and trying to look important to the point of blackmail, but to big business, an independent Scotland will just be a small minnow in a big pond and only represent a small percentage of their customer base.
Still, someone said the other day that Scots will all start supporting their local businesses and boycott the larger ones. What they failed to account for was where the local businesses will be buying their stock from, or whether the £1.89 2 litre bottle of milk is a small price to pay compared to the £1 bottle from Tesco.
Hit the nail on the head here.
Power corrupts; absolute power corrupts absolutely.
The SNP may like to sell the lie that not much will change in Scotland but they will rule themselves, but that is far from Reality.
The Electorate deserve to know what the consequences will be, shame the SNP don't agree... Had they been truthful about the risks they probably would have had more people voting yes.
I don't accept that. I think its scaremongering and I hope the cost to those companies is that they lose millions of customers. I haven't been buying my fuel from BP for some time now and have been using petrol stations run by the CO-OP and I will endevour to do so even more and I certainly won't be giving any of my money/business to Standard Life now or in the future. I hope loads of others do the same.
Losing millions of customers = losing millions of jobs.
Tbh I think standard life would rather keep 90% of its customer base instead of the 10% in Scotland.
I'm always in favour of people supporting small businesses, but people are always claiming they'll 'never shop in that new Tesco', but do so as soon as it's convenient for them.
There was a woman at my work who started ranting about how disgraceful it was for RBS to 'blackmail them' and they'd be switching bank accounts, or something to that effect. I'm not sure if she'd follow through, but she did seem to genuinely believe that a business alerting their shareholders and the market of their plans, was all done with the specific intention of winding people up. It just goes to show how ignorant a lot of people are to the basic rules/practices of business.
Any bank remaining in an independent Scotland is likely to face higher costs of borrowing, and that's where profits will be affected. I wonder how keen people will be to get their mortgage from a Scottish only bank, if the ones relocated to rUK have much lower interest rates?
Is that the same Co-op as the one with its head office in Manchester?
I have no problem with that. Its those who are scaremongering about relocating from Scotland to England that bugs me and I think the UK is too London centric so I don't have a problem with other parts of England getting a slice of the cake too.
I believe there's an EU law that implies a bank should be located in the same country as the majority of it's customers. So theoretically should Scotland become independent, they'll have to leave the country or risk breaking EU law...