Kames CEO says 'No' vote will not bring respite for businesses in Scotland

Kames Capital's CEO Martin Davis warned the Scottish independence debate will be much closer than anticipated, resulting in wide and long lasting ramifications for the UK and Europe.

Speaking at the group's annual conference in Edinburgh, the chief executive said the impact of the referendum in September will be felt regardless of the end outcome and it will have a much greater effect on Europe and the UK than currently expected. "It will be very close and even if it is a ‘No' vote, in the end most of the impact of Scottish independence will come to pass," Davis (pictured) said. "There will still be ongoing considerations of how business will be conducted north of the border, and the referendum will also have an impact on the general election in the UK." Althou...