A “yes” vote in the Scottish independence referendum will hurt UK business and job prospects, according to 89 per cent of business executives polled by the recruitment firm Interim Partners.
The firm says executives fear that independence would burden businesses with extra costs and lead to uncertainty and a fall in business investment.
The survey was completed by 500 interim executives at or just below board level. Its findings come in the wake of poll results suggesting a narrowing of the gap in the polls between a “yes” and “no” vote.
Adam Kyriacou, partner at Interim Partners, explains: “There is concern that a ‘yes’ vote would lead to greater costs and few benefits either side of the border. The interim executives we talk to see plenty of downside risk from independence without much on the upside.”
Major businesses within sectors in which Scotland has traditionally been strong – financial services and oil and gas – have expressed concern about the risks to the economy of independence.