Willis Owen Comments on Scotland’s Vote to Stay in the UK

Posted by Jason Chapman in Current Affairs category on 19 Sep 14

Willis Owen has today responded to the ‘No’ vote in the Scottish independence referendum. Commenting on the result, Jason Chapman, Managing Director at Willis Owen, said:

 "The Scottish people have had their say, and after a nail-biting few weeks on uncertainty, a ‘No’ vote has been declared and sterling is surging as a result. Latest data illustrates this shot of confidence, with the pound hitting a two-year high against the euro this morning. Shares on the London stock market are rising as investors breathe a sigh of relief, with companies including RBS and Lloyds Banking Group confirming their continued commitment to stability and economic growth in the Union. 

As the focus now turns to potential further devolution in Scotland and next year’s general election,companies are preparing to gear themselves up for busy season as investors check their portfolio performances and keep a close eye on party policy. ISAs, SIPPS, savings and protections will continue to be top of the list for the watchful investor.

The referendum outcome has removed immediate concern from the markets, however, we need to see the extent of UK support for further devolution to Holyrood. Customers keen to see the impact the result has had on their portfolio performance should use our online tools for a full financial check-up."

Your thoughts?

Use the comments area within this Post to let us know your views.  Or take our quick one question Poll to let us know how you think the markets will react

Positive   Negative
Neutral   Unsure

Tell us what you think

We would love to hear what you think of our Insight area or if you have any questions or suggestions.

Tell us what you think

Related content

: explore

Use our Fund and Equity research tool to find investment instruments that meet your criteria.

Take me exploring

: play

Why not take a look at : play which enables you to have a risk-free try at selecting funds?

Find out about : play

: review

Use our review tool to keep a track of the assets that you hold with the Willis Owen agency or elsewhere.

Review my existing assets