Economics of Independence

11 good news stories for Yes – the tide has turned

Written by Michael Gray


1) Business for Scotland events increase business support for Yes vote

On Tuesday over 100 businesspeople attended the latest Business for Scotland Glasgow event. A substantial number of undecided voters moved towards supporting independence with the economic facts and figures.

Business for Scotland will continue to expand its events across the country.

2) National opinion polls continue to narrow with 6 months to go

An opinion poll from YouGov continued the trend of an increase in support for independence. Electoral analyst Professor John Curtice called it “the best sequence of results for the Yes side yet”. This places the Yes Campaign in a strong position for the crucial months of the official campaign period.

Andy Myles3) Top Scottish Liberal Democrats join Yes Scotland

On Tuesday, the former Chief Executive of the Scottish Liberal Democrats Andy Myles announced he would be supporting independence.

He said,

“After spending much of my adult life trying, genuinely, to improve government in the UK, I have come to the conclusion that there is a much better chance of bringing power closer to the people in an independent Scotland.”

This is another example of how support for independence involves members from all political parties, as well as those with no political affiliation.

(And then on Friday Dennis Robertson Sullivan, a former treasurer of the Scottish Liberal Democrats, also announced that he would be supporting independence.)


4) Energy giant confirms energy trade after independence

Scottish and Southern Energy, Scotland’s largest energy company, said that “a single energy market in Great Britain would be the most likely outcome in the event of a Yes vote”.

This agrees with the White Paper position that energy market arrangements would continue after a Yes vote.

This left Westminster’s Energy Secretary, Ed Davey, on the back foot. He somewhat surprisingly suggested the company plan “goes against all commercial logic”.

5) CBI report falls flat on Scottish media

An imbalanced report on the independence referendum by the CBI in London was widely criticised across the Scottish media.

The report presented a one-sided assessment of Scotland’s economic future under independence, despite conceding that Scotland is the 3rd wealthiest area of the UK. A full response to each section of the report was published on Business for Scotland.

John Cridland, Director of the CBI, refused to outline any consultation with its Scottish members in an interview with Scotland Tonight.

Terry Murden, the Business Editor at the Scotsman newspaper, said it was a “Major failing for CBI that it did not consult Scots members on #indyref”.

In response, Gordon MacIntyre-Kemp, Business for Scotland Chief Executive, dismantled the CBI’s  arguments and set out a positive economic case for Scottish independence, saying that independence is the business opportunity of a lifetime.


6) University research council supports education cooperation after independence


The Herald also reported that “Independence ‘will not affect’ university research funding”. The chief executive of the Research Council said he favoured a continuation of the current model if Scotland votes for independence. Professor Paul Boyle stressed that benefits of research services were mutual.


7) Leading financiers say independence can attract jobs and investment


In the Financial Times leading figures in the financial services sector joined together to support independence.

The letter said “There are certainly opportunities to attract more jobs and investment to Scotland with the powers of independence and significant opportunities in an independent Scotland for financial services.”

8) Unfriendly fire as No Campaign politicians criticise ‘negative’ Westminster campaign

The front page of The Herald highlighted further criticism of the No Campaign from Westminster politicians. Lord David Steel warned that London ministers should not go to Scotland “just to bash the Nats”. This follow previous criticism from his Liberal colleague Charles Kennedy that the No Campaign was failing voters with its negative message.

9) People in Scotland don’t believe Osborne’s currency threats


A front page story on a poll by The Times found that “Scots believe Osborne is ‘bluffing’ over currency”. The Times reported that “Osborne’s high-stakes gamble of ruling out a currency union between an independent Scotland and the rest of the UK appears to have backfired, with more Scots believing that he is ‘bluffing’ than telling the truth”.

10) Boost on North Sea as company welcomes vision of independence

EnQuest, a top North Sea operator, criticised Westminster’s tax regime as no longer fit for purpose and “welcomed” the financial prospectus on Scottish independence. The company also confirmed that it would continue to invest in operations in an independent Scotland.

Campaign to save the UK in crisis

11) Campaign to save the UK in crisis

Today The Daily Mail highlights growing dissatisfaction with the No Campaign’s negative approach.


Late Addition

Sunday Herald Front PageScotland on Sunday12) Scotland can keep the pound

Yesterday The Guardian broke the most important story in the campaign so far, a story that was bound to leak out at some point. The comments were today described by a leading Tory commentator as the greatest act of political stupidity for decades.



Join Business for Scotland – Sign our business declaration or follow us on twitter

About the author

Michael Gray

Michael is Head of Research with Business for Scotland.

A graduate from the University of Glasgow, he has carried out a series of interviews with academics, politicians and the public in Denmark, Iceland and Ireland. Michael's on twitter @GrayInGlasgow.


  • Being transparent and honesty will seal the faith of the referendum.
    People do not fear the prophets of doom.
    Vote “YES” for Scotland to bloom.

  • @ Gordon MacIntyre-Kemp..a tremendous piece of work. Calm and to the point while at the receiving end of some aggressive questioning, well done.
    No criticism directed at the presenter as this approach to questioning only flushes out the ditherers and bluffers…once again well done to Gordon on a great display

  • “People in Scotland don’t believe Osborne’s currency threats”
    You can’t belive a word that comes out of the Westminster w–k–s. If they had any credibilty left, which I don’t believe is the case, it is destroyed by their negativity. Scotland could never be worse off without them, just wish England could get rid of them too.

  • You guys are doing a wonderful job in debates and on air countering the nonsense usually sucked up with glee by the MSM. We will win this as can is now a redundant word in my lexicon keep it up.

  • Christ that lass in the video, the moment she realised Gordon had a strong answer to her argument, it’s all “Okay okay… yes.. stop now, don’t tell them that!” -_-

    • I actually thought she was quite fair – if you look at the way she handled the CBI guy (on STV player) just before my interview you will see that he fell apart and so I like them to go equally hard on both sides, makes the stronger argument shine through.

  • […] Tuesday 1) Business for Scotland events increase business support for Yes vote On Tuesday over 100 businesspeople attended the latest Business for Scotland Glasgow event. A substantial number of undecided voters moved towards supporting independence with the economic facts and figures. Business for  […]

Leave a Reply to Gordon MacIntyre-Kemp X