Why investors are paying attention to elections in Scotland
CNN
Investors are waiting for the final results of parliamentary elections in Scotland that could spark radical changes to the political and economic landscape of the United Kingdom.
A decisive victory from Nicola Sturgeon's Scottish National Party, which wants to break away from the United Kingdom, could force a standoff with Prime Minister Boris Johnson. His permission is needed to hold a referendum in Scotland on whether to end the nation's 300-year-old union with England. Kallum Pickering, a senior economist at Berenberg, said that while the risk of Scotland exiting the United Kingdom remains low, a parliamentary majority for parties that support independence will "put pressure on UK parliament to agree to a second Scottish independence referendum."
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