Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



British PM urges Scots to heed business warnings over independence
Published in Ahram Online on 14 - 03 - 2014

British Prime Minister David Cameron will urge Scots on Friday to heed warnings from the head of the Bank of England and business leaders over voting to become independent in a referendum in six months' time.
Cameron will tell the Scottish Conservative Party conference in Edinburgh that the Sept. 18 referendum is a major life choice and no decision should be made without being fully aware of the consequences.
Business leaders have raised concerns about Scotland leaving the United Kingdom due to uncertainties over currency, tax, regulatory regimes and European Union membership.
All three main UK political parties have ruled out sharing the pound in a sterling zone, which is the Scottish government's preferred currency option if voters back independence.
Cameron said the warnings were from non-partisan figures, with leaders of companies such as oil giants Shell and BP and financial services heavyweights Royal Bank of Scotland, Standard Life, and Barclays joining the debate in recent weeks.
His intervention comes after an opinion poll found support for independence was at its highest in six months. A Survation poll found 39 percent of Scots planned to vote Yes for independence compared to 48 percent No and 13 percent undecided.
"The idea that these are empty warnings and political scare-mongering is a myth - and we owe it to the people of Scotland to take that myth apart," Cameron will say, according to notes from the speech released in advance.
Scottish leader Alex Salmond argues that Scotland - with its off-shore oil reserves - could be a prosperous nation and that independence will give it the chance to raise and spend its own money rather than being directed by a London-based government.
He has accused the pro-UK Better Together campaign of scare-mongering about independence, dubbing it "Project Fear".
Although the separatists are still trailing in support, opinion polls have narrowed this year, prompting British officials to warn over complacency leading up to the referendum.
Cameron last month stepped up the debate with a speech at the cycling venue used for the 2012 London Olympics dubbed a "love-bombing" by commentators in which he declared to Scots: "We want you to stay".
On Friday, he will use sport again, with Scotland due to host the Commonwealth Games in July, to stress the strength of Scotland staying with England, Wales and Northern Ireland, describing them as a "family of nations".
"We'll see the strength of that family again at the Commonwealth Games this summer," he will say.
"When the call went out for volunteers at Glasgow 2014, more than a quarter of those who responded were from elsewhere in the UK ... because it's not 'over the border', it's not a foreign country, this is our home, and when any corner of these islands needs back up or support, the rest is there."
http://english.ahram.org.eg/News/96660.aspx


Clic here to read the story from its source.