The new President of the Confederation of British Industry, Sir Mike Rake, has said that Scottish Independence would result in “economic dislocation”.
In his first speech as the business group’s President, Sir Mike said that he remained unconvinced about the advantages of an independent Scotland.
His comments are a fresh blow to the nationalist’s cause, after a recent poll indicated that public support for independence is falling.
Nima Green reports for VoR
It’s nearly a year until Scottish voters will make a historic decision on whether to bring the 300-year-old union between Scotland and the rest of the UK to an end.
Scotland’s first minister, Alex Salmond, insists that he has plenty of time to convince Scots that splitting from Britain will be in their interest.
However, his cause has been hit by several setbacks recently.