Scottish Independence Referendum
19 September 2014
With the results of the Scottish independence vote now clear, we are very pleased that a period of uncertainty has come to a democratic conclusion.
However, all Westminster parties have promised to devolve further powers to Scotland and so we do expect to see some changes. There is now likely to be a period of negotiation and discussions, and we don’t expect anything to happen quickly.
With over 1,000 staff based in Scotland, we are confident that the business can thrive and do well in Scotland over the long term and we will be working with Westminster, Holyrood and other stakeholders as part of the consultation processes around any new legislation. I want to be clear that we have no plans to move away from Scotland.
I, together with my colleagues on Royal London Group’s Board, will be focusing on these issues as a priority.
Phil Loney, Group CEO