Monthly Archives: August 2014

Scot free?

The debate over Scotland’s future within the UK will come to a head on 18 September when Scotland’s voters go to the polls in a referendum on independence. Currency is the issue lying at the centre of the debate over Scottish independence,amid an ongoing dispute over whether an independent Scotland will be permitted to retain… Read more »

Europe’s banking concerns resurface

At the other end of the continent, fears over the stability of Portuguese bank Banco Espirito Santo undermined investors’ confidence. The bank was subsequently ordered to raise capital following news of huge first-half losses. Portugal’s PSI20 index fell 12.1% over July as a whole and investors endured high levels of daily volatility. By comparison, during… Read more »