Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Why Williams sisters return to SW19 is a win for Wimbledon brand

      Business professionals in a modern office discussing strategy with digital charts displayed on a large screen in the backg...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Why Williams sisters return to SW19 is a win for Wimbledon brand

      Business professionals in a modern office discussing strategy with digital charts displayed on a large screen in the backg...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      This Peugeot 205 GTI is the car you remember from your teenage years

      Vintage Peugeot 205 driving on a scenic road, showcasing classic design and compact size for a news feature on iconic cars

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Monday 01 September 2014 5:36 pm  |  Updated:  Friday 07 June 2019 6:23 am

Scottish independence: UK government has no back-up plan

By: Sarah Spickernell

Add as a preferred source on Google

The UK government has no contingency plan to deal with a “yes” vote on 18 September, according a spokesman for Prime Minister David Cameron.
 
The FT reports that the spokesman said UK officials have no precise plan for what they would do if Scotland chose independence on 18 September. 
 
“No such work (is being) undertaken,” he replied when asked whether the government had produced a contingency plan for such an outcome. “The government’s entire focus is on making the case for the UK staying together.”
 
Angus Robertson, leader of the Scottish National Party (SNP) in Westminster, criticised the government for this. “This is extraordinary complacency from Westminster with less than three weeks to go to the vote – they are doing a disservice to people north and south of the border,” he said.
 
“Westminster politicians are only interested in scare stories and negativity – not making sensible decisions and plans in the very likely event of a Yes vote.”
 
With just three weeks to go before the referendum, one of the main points of contention is whether or not Scotland should continue to use the pound. While Scotland's First Minister Alex Salmond is pressing for its continued use in the country, the UK government is arguing the opposite. 
 
But Bank of England governor Mark Carney has said that the central bank is prepared for the possibility of a Yes vote. “Whatever happens in the vote, the Bank of England will be the continuing authority for financial stability for some period of time, certainly over the interim period, and we will look to discharge our responsibilities accordingly,” he said. 
 
“We have contingency plans we develop . . . I would underscore in terms of our responsibilities for financial stability we have a wide range of tools and plans.”
 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Trending Articles

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • FTSE 100 Live: Stocks sink further as interest rates held; Oil falls as ‘economic catastrophe’ avoided

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza

More from CityAM

  • Starmer scrambles to limit fuel shortage hit

    Politics
    Sir Keir Starmer discusses fuel supply policies, addressing concerns in a press conference setting, with media presence.
  • The absolute insanity of the SNP’s plan to cap the price of food

    Economics
    SNP leader John Swinney wants to cap the price of food
  • UK government at risk of grinding ‘to a halt’ amid leadership race drama

    Politics
    Keir Starmer
  • Thames Water, energy grid, rent prices: Burnham drums up public control agenda

    Politics
    Burnham skyline at sunset highlighting modern architecture against a vibrant orange and pink sky, reflecting urban develop...
  • IMF tells Reeves to drop triple lock pension and make ‘fundamental’ tax reform 

    Economics
    Rachel Reeves discussing economic strategies amid forecasts of low growth for the year at a business conference podium.
  • Ministers back SNP probe as Sturgeon refuses to apologise for Murrell

    Politics
    Peter Murrell, the former Chief Executive of the Scottish National Party, who is understood to have been arrested by Police Scotland over a investigation into the party's finances.
  • ‘Lost for words’ – Treasury sparks uproar with push to cap supermarket food prices

    Retail
    Tesco supermarket exterior showcasing brand signage and entrance with shoppers entering and exiting the store.
  • Thames Water on cusp of public ownership after ‘weak’ deal

    Water
    Thames Water creditors have made a last-ditch offer for a rescue deal.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies