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Business bosses join forces to fight Scottish independence

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Business bosses join forces to fight Scottish independence

The bosses of more than 120 companies have joined forces against the case for Scottish independence, stating the business benefit of the move has not been made.

Keith Cochrane, chief executive of the Weir Group, has penned an open letter which has been signed by figures including HSBC group chairman Douglas Flint, Andrew Mackenzie, chief executive of miner BHP Billiton and Ian Curle, chief executive of The Edrington Group, which produces Famous Grouse whisky.

The letter said the business case for independence had not been made and uncertainty still surrounds a number of issues including currency, regulation, tax and pensions, which is bad for business, according to Sky News.

The letter said: ‘Our economic ties inside the United Kingdom are very close and support almost one million Scottish jobs. The rest of the UK is Scotland’s biggest market by far. Today Scotland’s economy is growing. We are attracting record investment and the employment rate is high.

‘The United Kingdom gives business the strong platform we must have to invest in jobs and industry. By all continuing to work together, we can keep Scotland flourishing.’

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