Commenting on the news Wall Street banks are drawing up preliminary plans to move some London-based activities to Ireland to address concerns that the UK is drifting apart from the EU, SNP Treasury spokesperson Stewart Hosie MP said:
"Instead of scaremongering about Scotland the No campaign should explain why Wall Street banks are making contingency plans to leave the UK right under their nose.
"The real threat to business in Scotland is the risk of an in-out EU referendum which could take us out of the EU following a No vote.
"An independent Scotland would be able to use tax and other policy to expand and boost our financial sector."
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