Scotland May Lose Its Banking Giants If It's Independent - Yahoo Finance

September 10, 2014

Scotland's share of U.K. gross domestic product is around 9.2%, or 148 billion pounds ($238.3 billion). Its 5.3 million residents comprise 8.3% of the total population. The U.K. would lose oil and gas tax revenue from the North Sea, which yielded 4.7 source billion pounds in the 2013-14 fiscal year. Jittery depositors also could blog pull their money out of Scottish banks. Businesses could leave amid prolonged uncertainty over how both sides would untangle debt obligations, financial bailout responsibilities, government assets and other basic national functions.

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