Tuesday, May 6, 2014

A good day to bury good news

Philip Clarke, Chief Executive Officer of Tesco plc was on Radio Scotland's Good Morning Scotland this morning and was asked, of course, about his company's reaction in the event of Scottish independence. His response was:
"We're the biggest retailer in Scotland. Our bank's headquartered there. Umm...we're going to be in Scotland if it's independent or not".
Martin Gilbert, Chief Executive of Aberdeen Asset Management, Europe's largest independent asset manager with funds of £324.5 billion under management as at 31 March 2014, was on the same programme and was asked, of course, about his company's reaction in the event of Scottish independence. His response was:
"we will remain neutral on the subject because it is a decision for the Scottish people...we have no plans to move our headquarters out of Aberdeen....Let the people decide in September...We already operate in 30 countries round the world so one more's not going to make any difference"
This'll be all over the press and the broadcast media.

Won't it?

1 comment:

  1. As the momentum gathers, very few people will flee an Independant OIL rich Scotland....Scotland has vast oil reserves, that iformation will not remain buried by the media....our time has come !!

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