Scotland Should Not Hold New Referendum

The threat of a new Scottish independence referendum is creating unnecessary uncertainty and division, a British government spokesman said on Monday, reiterating Prime Minister Theresa May’s view that there was no need for another vote on the issue.

The comments came in response to media reports that Scottish nationalists were preparing to demand a fresh vote, possibly as early as next month to coincide with May’s plan to formally trigger Britain’s exit from the European Union.

“The question is not whether there could be a second referendum, it is whether there should be one – and the clear answer to that is no,” the spokesman said.

 

Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.