Overnight the vote for Scottish Independence was held with results to be compiled over the next few hours.Preliminary polls held over the last couple of weeks swayed back and forth with no clear winner standing out. Both camps held last minute rallies with the No camp pulling out the big guns, bringing in ex Prime Minister Gordon Brown whom did his very best to sway undecided voters to remain in the union that has held for over 300 years.
On the opposite side of the fence, the Yes camp have been holding their own last minute attempts to sway the undecided’s to vote for a split from the United Kingdom. Their argument, among others has been to focus on the commonwealth games. Look at all the other countries that were once part of the British Empire they have said, which for various reasons gained their own sovereignty and have succeeded in their own right as independent states.
Most have flourished, look no further than Australia and New Zealand as prime examples where two young nations made the decision to separate from Britain and have gone on to be global players in both commerce,sport,and human rights. That being said, Scotland is a whole different kettle of fish with more entrenched complex relationships that could cause a flight from British assets and the Pound if Independence is gained.
The Pound, especially paired with the U.S. Dollar and the Aussie has displayed this uncertainty with a 6% selloff over a 2-3 week period while the Yes camp seemed to be gaining the upper hand , then as polls started to give the win the No camp, it reversed fortunes to completely erase those losses and gain 1% over night to close 1.83 compared to the AUD.
The emotion this vote for independence has invoked has been no more evident than with world number 2 tennis player Andy Murray,Scotlands favourite son, who has been booed at matches for his feet firmly entrenched for Independence .