Scotland: 'No' Camp Eight Points Clear In Poll

Written By Unknown on Sabtu, 13 September 2014 | 22.11

A new opinion poll has given the "No" campaign in the Scottish referendum campaign an eight point lead, after a leading bank warned a "Yes" vote could be a mistake akin to those that sparked the Great Depression.

The telephone poll, which was commissioned by the Better Together campaign and carried out by Survation, has the "No" vote on 54% and the "Yes" camp on 46% when undecided voters are factored out.

As the campaign enters its final weekend, Deutsche Bank has claimed that the economic arguments against independence are "overwhelming".

Chief economist David Folkerts-Landau said a Yes vote could be a "mistake as large as Winston Churchill's decision in 1925 to return the pound to the Gold Standard or the failure of the Federal Reserve to provide sufficient liquidity to the US banking system, which we now know brought on the Great Depression in the US".

Referendum coverage on Sky News. Coverage starts at 9pm

Mr Folkerts-Landau said he found it "incomprehensible" that Scots were even contemplating withdrawal from the UK.

Scotland's SNP Government accused him of failing to take into account the country's "strong fiscal position", and two senior bankers also hit out at the claim, calling it "preposterous" and "disingenuous".

Ian Blackford, who used to run Deutsche Bank's operations in Scotland and the Netherlands, and Edward McDowell, a former risk manager for Lloyds Banking Group, played down the warnings.

At least 2.6 million leaflets will be delivered to households in 48 hours with less than a week to go until polling day.

Scottish independence referendum. Alex Salmond's cause will be backed by 35,000 volunteers this weekend

An estimated 10,000 people attended a rally by the Orange Order in support of the Union in Edinburgh on Saturday.

The Yes side has planned to have more than 35,000 volunteers on the streets of Scotland over the weekend, manning 473 registered street stalls.

Former prime minister Gordon Brown is trying to persuade the public to vote No in the country's east.

Meanwhile, three more retailers have said customers would be hit by higher prices under independence.

Scottish independence referendum. An estimated 10,000 people attended a rally by the Orange Order

Marks and Spencer, B&Q and Timpson made the claim in a joint letter published in the Daily Record.

Asda and John Lewis made similar assertions this week, but Deputy First Minister Nicola Sturgeon said the Yes campaign's "momentum is still growing and will soon become unstoppable, as people reject the Downing Street-orchestrated campaign to talk Scotland down".

Many of Britain's newspapers reported on comments by a former SNP deputy leader which appeared to threaten recriminations against businesses that backed a No vote.

Scottish independence referendum. A sign of support for the Union during the Orange Order march

Jim Sillars said there would be "a day of reckoning with BP and the banks" if Scotland votes Yes, adding that BP would "need to learn the meaning of nationalisation".

In a fiery interview with Sky News, Mr Sillars said he was simply using "robust" language to draw attention to the "orchestrated fear campaign coming from Downing Street".

First Minister Alex Salmond praised Mr Sillars's dedication to the campaign but said rather than a "day of reckoning", a Yes vote would be followed by a "day of celebration".


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