Why NAB wants Scotland vote to fail

A successful vote for Scottish independence would not only cost NAB dearly, but delay its strategy for a quick exit from Clydesdale Bank. That's why the bank will be hoping for a "No" result.

When Andrew Thorburn became chief executive of National Australia Bank last month he knew that, along with the good bank in Australasia, he had inherited something of a poisoned chalice in the UK. It may be about to get worse.

A poll in the UK's Sunday Times at the weekend showed that, for the first time since the debate about Scottish independence began, the “yes” vote is now in front. The poll showed a 51:49 vote in favour of independence.


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