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Wednesday, September 10, 2014

The Scotsman and the Financial Times declared support for a No vote in the Scottish independence referendum

 
Two influential newspapers have declared support for a No vote in the Scottish independence referendum. Both The Scotsman and the Financial Times have declared themselves in favour of a No vote in the crucial vote next week.(Sep 18,2014)

The Scottish newspaper's front page carries the headline: "Scotland's Decision" and declares: "With exactly a week to go before our historic referendum The Scotsman gives its verdict on the choice before us: we are better together."

In an 2,000-word editorial article, the newspaper points to arguments on the issues of currency, EU membership and defence as it sets out the reasons behind its decision to back the pro-Union stance. It concludes that Scotland has succeeded in being a "prosperous, peaceful, successful country" as part of the UK.

 

Meanwhile, the FT's editorial claims "the case for union is overwhelming", citing trepidation in the financial markets and "inconsistencies" in the Yes argument. The article reads: "Empires and nation states are not immune to break-up, but there is little precedent for a hitherto stable modern democracy splitting in peacetime, in the middle of an economic recovery.

This is not the time for recrimination. For the moment it is enough for this newspaper to declare that the path of separation is a fool's errand, one fraught with danger and uncertainty. The only certainty is uncertainty,at a high cost to Scotland and the UK. The shift of deposits and money out of Scotland this week is a harbinger."
It concludes: "The Union is something precious, not a bauble to be cast aside. In a week's time, the Scots can vote with a sense of ambition to build on those success. Rather than retreat into tribalism, they can continue to be part of a nation rooted not just in history and culture but a common destiny which over three centuries has served so well."

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