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[quote][i]Originally posted by Dom[/i] [quote][i]Originally posted by Hammer[/i] - Supermarket prices will go up - the Supermarkets say otherwise.[/quote] [url=http://www.independent.co.uk/news/business/john-lewis-chief-warns-scots-independence-could-lead-to-higher-prices-9725708.html]John Lewis[/url], [url=http://news.stv.tv/scotland-decides/news/291687-asda-issues-price-warning-over-yes-vote-in-independence-referendum/]ASDA[/url] and [url=http://www.professionaladviser.com/professional-adviser/news/2364876/ex-sainsburys-boss-in-scotland-yes-vote-warning]Sainsburys[/url] have all said that rises in food costs [i]could[/i] be possible following independence. Only Tesco appear to be sitting on the fence with their press release which stated, "we'll continue to offer the best prices whatever the outcome of the referendum" - so not a definite yes but neither is it a no. [quote][i]Originally posted by Hammer[/i] - Postage will go up - the Scottish Government has said it won't and they will subsidise the shortfall if required until it's brought back into public ownership.[/quote] What are they subsidising exactly? As i imagine postage will go up between Scotland and the UK (and visa versa) as it'll be classed as international postage, same as it is between ROI and the UK. [quote][i]Originally posted by Hammer[/i] - The banks are all moving to London - they're not, they're putting contingencies in place to change a Registered address and the processes and jobs will remain.[/quote] As you say, the banks are simply moving registered addresses for BoE and tax purposes. Although have the banks confirmed there won't be any operational and job/staff changes? As i always thought directors and financial 'heads' (at least) have to reside in the businesses operational country :boggle: [quote][i]Originally posted by Hammer[/i] - We will lose tax revenues when the above happens - we won't, corporation tax is paid on revenue generated in a particular Country not where their Head Office is. The reporting of this point in particular, by supposedly clever people, embarrassing.[/quote] In a similar vain, wouldn't businesses be open to Double Taxation? [quote][i]Originally posted by Hammer[/i] - There's no oil left - there is oil left, even by the most pessimistic estimates. It's a finite resource, however, Norway have a fund of 1 trillion Euros built up within a period of time shorter than those pessimistic estimates are suggesting North Sea supplies will run out. Our GDP per capita is comparable to the UK's without the oil anyway.[/quote] Don't know a huge amount about the remaining oil in the North Sea fields but obviously the country cannot rely solely on the oil industry because, as you've mentioned, it's an finite resource. [/quote]
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