Scotland Referendum II

Paris, 17/03/17

 

By 

David Page, 

Senior Economist (US and UK) - R&IS AXA IM

Deferred poll limits market impact

SNP’s Sturgeon’s call for a second Scotland referendum has been rebuffed for now by UK Prime Minister May. David Page discusses the likelihood of a second plebiscite being held only after the next General Election (May 2020). As such he sees little market implication and does not expect this to have a material impact on upcoming Brexit negotiations.