U.K. Deputy Prime Minister Nick Clegg will serve a “full term” if his Liberal Democrat Party stays in government after the 2015 general election, his office said in an effort to quell questions about his future.
U.K. Chief Secretary to the Treasury Danny Alexander will today confirm that his Liberal Democrat party will push for the amount people can earn before paying income tax to rise to 12,500 pounds ($20,900) if they’re in government after the 2015 election.
An independent Scotland would jeopardize pensions and raise costs for companies, Chief Secretary to the Treasury Danny Alexander will say today as he reiterates the U.K. won’t agree to a currency union.
Standard Life Plc, the life insurer founded in Scotland in 1825, said it’s preparing to shift business elsewhere should voters opt for independence from the U.K. and risks around the currency and regulation increase.
Aggreko Plc Chief Executive Officer Rupert Soames warned of the financial cost to companies should Scotland leave the U.K. and lose the pound, while other business leaders said they would cope with any currency.