Scottish independence

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Introduction

A collection of our insights for business and investors on the potential impacts of Scottish independence.

At the time, the 2014 referendum was seen as a “once-in-a-generation opportunity” to settle the question: "Should Scotland be an independent country". The No-vote won by 55% to 45%. However, as we approach the 2021 Scottish Parliament election on 6 May, the debate around a second referendum is firmly back on the political agenda.

Below we have published a series of articles relevant to business and investors on the potential impacts of Scottish independence.

Image of a winding road through a forest

11 May 2021

Routes and obstacles to a second Scottish independence referendum

At the time, the 2014 referendum was seen as a “once-in-a-generation opportunity” to settle the question: “Should Scotland be an independent country”. The No-vote won by 55% to 45%. However,...

29 April 2021

Scottish independence: implications for Great Britain’s single energy market, renewables and net zero

The prospect of a second independence referendum, like the first in 2014 (see our Routes and obstacles to a second Scottish independence referendum briefing), raises a number of issues for Great...

29 April 2021

Scottish Independence: implications for financial services

Scottish independence from the United Kingdom is the over-riding policy imperative of the Scottish National Party (SNP). There are many hurdles to achieving this goal, but with the polls indicating...

29 April 2021

Scottish independence: implications for the North Sea oil and gas sector

Our take on the significant issues of any future land and maritime boundary between the rest of the UK and Scotland

22 April 2021

Scottish independence and currency: choices, issues and implications

During the 2014 referendum, an independent Scotland’s approach to currency was one of the most hotly contested issues. That partly reflects currency’s role, like flags, as emblems of national identity...

22 April 2021

Scottish Independence: The Consequences For Trade

The prospect of an independent Scotland raises questions on international trade for politicians and business. We assess the key issues.

22 April 2021

Scottish independence and EU membership: process and implications

In 2016, shortly prior to the UK’s referendum on EU membership, the Scottish National Party (SNP) manifesto argued that “significant and material changes in circumstances that prevailed in 2014” would justify...

22 April 2021

Scottish Independence: The International Law Implications

The prospect of an independent Scotland raises a number of significant questions as to the impact on the rights and obligations of both Scotland and the rest of the...

Imminent changes to Unfair Contract Terms regime

22 April 2021

Scottish Independence: Contracts and other obligations

What will be the effect on our contracts? As with the prospects for and then the reality of Brexit, the prospect of an independent Scotland raises questions for...

Key Contacts

If you have any questions or would like to know more about how we can help in relation to this topic, please get in touch with our key contacts.

Paul helps clients anticipate, influence and navigate the public policy context in which they operate.

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Sarah advises clients on the acquisition and development of power and infrastructure assets.

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Andrew is the co-head of our Public International Law practice, and deputy head of our Global Arbitration practice. He is head of our India Disputes group and co-head of our Nordic group. He is also Deputy Chair of the firm's Global Pro Bono and Responsible Business Council.

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