Scottish Independence Could Force Industry to Relocate
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The ruling Scottish National Party in the devolved government in Edinburgh is looking to break the country’s 307-year union with the rest of the UK with a referendum scheduled for September 2014.
Polling shows a majority in favor of retaining Scotland as part of the UK, but a large number is undecided.
The likely result of a vote in favor would see industry head for the remaining parts of the UK as MoD contracts go away, and with the proposed £2.5 billion (US $4 billion) annual Scottish defense budget insufficient to replace the lost work, the report said.
The committee said the Scottish defense industry would face a “difficult future” in the event of an independence vote.
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