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Few firms have planned for independence [Herald, The (Scotland)]
[July 30, 2014]

Few firms have planned for independence [Herald, The (Scotland)]


(Herald, The (Scotland) Via Acquire Media NewsEdge) More than eight out of 10 businesses in Scotland do not yet have plans in place to deal with the result of the referendum if the country votes for independence, a new survey has revealed.

Almost 84 per cent of Scottish firms that were questioned in the latest KPMG Business Instincts Survey said they had not yet considered a continuity plan for how to deal with changes if there is a Yes vote on September 18.

Issues such as potential changes to the tax regime if Scotland left the UK, the impact of any change in currency and the impact on trade with the rest of the UK are businesses' main concerns, according to the survey, which questioned a total of 137 senior representatives from businesses in Scotland.




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