New Scottish Referendum Necessary Because of UK Government

The “sheer intransigence” of the British government over Brexit could lead to a second Scottish independence referendum, First Minister Nicola Sturgeon said on Tuesday, warning time was running out for the country to change course.

Writing in the Times newspaper, Sturgeon said Britain’s vote to leave the European Union had changed the landscape since Scotland last held a referendum on its independence, voting by a 10-point margin to remain a part of the United Kingdom in 2014.

“If an independence referendum does arise, it will not be down to bad faith on the part of the Scottish government, but to sheer intransigence on the part of the UK government,” Sturgeon said. “It is not too late for the UK government to change course, but time is running out.”

Reuters

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MS

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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.