Why investors are paying attention to elections in Scotland - News Summed Up

Why investors are paying attention to elections in Scotland


London (CNN Business) Investors are waiting for the final results of parliamentary elections in Scotland that could spark radical changes to the political and economic landscape of the United Kingdom. A decisive victory from Nicola Sturgeon's Scottish National Party, which wants to break away from the United Kingdom, could force a standoff with Prime Minister Boris Johnson . His permission is needed to hold a referendum in Scotland on whether to end the nation's 300-year-old union with England. "Such a result could make waves in markets and reignite Brexit-style uncertainties about the economic and political future of the United Kingdom," he added. Johnson has so far refused a second vote, saying a 2014 referendum — in which Scots voted to remain in the United Kingdom — was a once-in-a-generation event.


Source: CNN May 07, 2021 14:48 UTC



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