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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 [1]

The Clash of the Titans [2]

Gold Rally Continues on Soft US Core Durable Goods, Housing Reports [3]

MS [4]

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam [8]

Senior Market Analyst - UK & EMEA at OANDA [9]
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

Latest posts by Craig Erlam (see all [8])