If the Scottish National Party (SNP) wins a majority in the Scottish parliament elections this May, it will push for a second independence referendum by 2024, according to draft legislation.
This is no small risk for UK banks and their investors – despite recent fighting inside the nationalist cause between first minister Nicola Sturgeon and her predecessor Alex Salmond.
Support for Scottish independence has been gradually rising during the past five years, due to Sturgeon’s high popularity and instability in Westminster, especially over Brexit.
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