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Scotland Rejects Independence as U.K. Wins Reprieve

From bloomberg.com

Scotland voted to remain in the U.K. after an independence referendum that put the future of the 307-year-old union on a knife edge and risked years of political and financial turmoil. After counting through the night, 55 percent of Scottish voters supported the “no” campaign compared with 45 percent who backed independence. The pound surged ahead of the result, which gave the Better Together campaign a wider margin of victory than suggested in opinion polls. The result was based on 29 of the 32 local authorities declared after a record turnout of more than 90 percent in some regions. “I am deeply disappointed like ... (full story)

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