Sunday 14 September 2014

Response to "Westminster politicians will say anything to keep power in their hands"

Response to "Westminster politicians will say anything to keep power in their hands":  https://www.facebook.com/YesScotland/photos/a.447127981964784.249120.410177615659821/864728046871440/?type=1&relevant_count=1

Assertion

"ASDA: 'not saying prices have to rise in an independent Scotland'"

Response

In context, ASDA stated that, "Already it costs more money to get groceries to people in Scotland, our taxes are higher and our margins are lower. Our systems are set up for one single UK market. These are not arguments for or against independence, but a simple recognition of the costs that change would bring.  I am not saying prices have to rise in an independent Scotland.".

It is possible that prices would have to rise if Scotland becomes independent.

Reference

http://www.heraldscotland.com/comment/columnists/agenda-the-large-retail-levy-just-does-not-add-up-for-our-customers-or-for-us.22918258

Assertion

"TESCO: 'no truth' in No claims"

Response

Tesco stated that the claims of price rises by the No campaign were "entirely speculative".  All economic forecasts for an independent Scotland are speculative.

Reference

http://www.bbc.co.uk/news/uk-scotland-scotland-politics-29087393

Assertion

"RBS: 'it is not our intention to move jobs or operations'"

Response

RBS stated that, in the event of Scottish independence, it "intends to retain a significant level of its operations and employment in Scotland to support its customers there and the activities of the whole Bank.".  However, it will "re-domicile the Bank’s holding company and its primary rated operating entity (The Royal Bank of Scotland plc) to England".

In the event of Scottish independence, RBS will pay its taxes in England.

Reference

http://www.rbs.com/news/2014/09/statement-in-response-to-press-speculation-on-re-domicile.html

Assertion

"Everyone just laughted at this one [A new, worldwide 'great depression']"

Response

Deutsche Bank stated that "A Yes vote for Scottish independence on Thursday would go down in history as a political and economic mistake as large as Winston Churchill’s decision in 1925 to return the pound to the gold standard or the failure of the Federal Reserve to provide sufficient liquidity to the US banking system, which we now know brought on the Great Depression in the US."

Reference

http://www.dailyrecord.co.uk/news/politics/independence-referendum-german-banking-giant-4249873

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