Scottish Business Leaders Reject Independence

The Open Letter And Who Signed

Updated: 7:25am UK, Wednesday 27 August 2014

The full text of the open letter from business leaders sent to the Scotsman newspaper:

The outcome of the referendum on 18 September will affect our generation and the generations to come.

Much is at stake.

Our economic ties inside the United Kingdom are very close and support almost one million Scottish jobs. The rest of the UK is Scotland's biggest market by far.

As job creators, we have looked carefully at the arguments made by both sides of the debate.

Our conclusion is that the business case for independence has not been made. 

Uncertainty surrounds a number of vital issues including currency, regulation, tax, pensions, EU membership and support for our exports around the world; and uncertainty is bad for business.

Today Scotland's economy is growing. We are attracting record investment and the employment rate is high.

We should be proud that Scotland is a great place to build businesses and create jobs – success that has been achieved as an integral part of the United Kingdom.

The United Kingdom gives business the strong platform we must have to invest in jobs and industry. By all continuing to work together, we can keep Scotland flourishing.

Signed in a personal capacity by the following:

:: Pauline Alexander, founder, Star Equestrian and Farm Camp Limited

:: John Allan, chairman, WorldPay

:: Martin Allan, director, Bon Accord Glass Ltd.

:: William M. Allan, executive chairman, ASCO Group Limited

:: Lord Allen CBE, chairman of ISS, Global Group and 2 Sisters Food Group

:: Robert Anderson, chief executive, Tomatin Distillery Ltd.

:: Hugh Andrew, managing director, Birlinn Limited

:: Ian P. Bankier, executive chairman, Glenkeir Whiskies Limited

:: Audrey Baxter, executive chairman, Baxters Food Group

:: Graeme Belch, managing director, JBD Tritec Limited

:: Archie Bethel CBE, divisional chief executive, Babcock International Group Plc

:: Niall Booker, chief executive officer, The Co-operative Bank

:: Ronnie Bowie, senior partner, Hymans Robertson LLP

:: Gilpin Bradley, managing director, Wester Ross Fisheries Ltd.

:: Jimmy Buchan, skipper and owner, Amity Fish Company Ltd.

:: Esther Cameron, director, Hair Kapers Ltd.

:: John Campbell, managing director, James Walker (Leith) Ltd.

:: Austin Carey, managing director, Blue Machinery (Scotland) Ltd.

:: Alexander Catto, director, Scotlog Sales Ltd.

:: Victor Chavez, chief executive, Thales UK

::  Angus Cockburn, interim chief executive, Aggreko plc

:: Keith Cochrane, chief executive, The Weir Group PLC

:: Sandy Cooper ARB RIBA FRIAS

:: Ian Curle, chief executive, Edrington

:: Nicholas G. Cunningham, chairman, Malcolm, Ogilvie & Co. Ltd.

:: A. Stuart Dalziel, managing director, Dalziel Ltd.

:: John Denholm, chairman, J&J Denholm Ltd.

:: Robert J. S. Doig, director, Caithness Potatoes Ltd.

:: Daniel Dunko, managing director, Thomas Hancock & Co.

:: Gerard Eadie, chairman, CR Smith

:: Keith Elgin, proprietor, Keith Elgin Motor Engineers

:: James England, managing director, BlueSky Experiences

:: James Espey, owner and managing director, The Last Drop Distillers Ltd.

:: Keith Falconer, chairman, Adelphi Distillery

:: Douglas Ferrans, former chief executive, Scottish Amicable Investment Management Ltd.

:: Frank Ferris, chief executive, TFC Cable Assemblies Ltd.

:: Douglas Flint, group chairman, HSBC Holdings plc

:: Vincent Fusaro, director and co-owner, Luvians

:: John Gillespie, proprietor, John Gillespie Hairdressing

:: Peter Gordon, director, William Grant & Sons Distillers Ltd.

:: Sir John Grant, executive vice-president, policy and corporate affairs, BG Group plc

:: Hamish Grossart, chairman, Artemis Investment Management

:: Eric Hagman CBE, chairman, Matthew Algie Ltd.

:: Kevin Hague, managing director, M8 Group Ltd.

:: Ronald S. Hamilton, executive chairman and founder, Daysoft Limited

:: Dr. Tessa Hartmann, managing director, Hartmann Media Ltd.

:: Amanda Harvie, managing director, The Harvie Consultancy Ltd. and former CEO, Scottish Financial Enterprise

:: Lord William Haughey, chairman, City Refrigeration Holdings (UK) Ltd.

:: Gavin Hewitt, former chief executive, The Scotch Whisky Association

:: Alan Hill, financial director, Browns Food Group

:: Dr. Peter T. Hughes, former chairman, Glencast Ltd.

:: Marcus Kneen, chief executive, IndigoVision

:: Alastair Lamond, managing director, Lamond and Murray Ltd.

:: Dr. Brian Lang, former principal, University of St Andrews

:: John Langlands, chief executive, British Polythene Industries PLC

:: Brian H. Lemond, managing director, Oakenash Group Limited

:: Ken Lemond, gallery owner

:: James F. Lithgow, chairman, Lithgows Ltd.

:: Alasdair Locke, entrepreneur

:: Andrew Mackenzie, chief executive, BHP Billiton Plc

:: Ian Angus MacKenzie, chief executive, Harris Tweed Hebrides

:: Martin MacLeod, managing director, Hebridean Seaweed Company

:: Alastair MacMillan, managing director, White House Products Ltd.

:: Shonaig Macpherson, non-executive director

:: Angus MacSween, chief executive, Iomart Group plc

:: Bill McFarlan, broadcaster and managing director, The Broadcasting Business

:: Alan McFarlane, senior partner, Dundas Partners LLP

:: Jim McFarlane, managing director, Endura Ltd.

:: Robert McFarlane, group chairman and chief operating officer, NPL Group

:: Brian McGhee, chairman, G1 Group

:: Dougie McGilvray, chief executive, Weldex (International) Offshore Ltd.

:: John McGuire, chairman and chief executive, Phoenix Car Company

:: Cameron McLatchie, chairman, British Polythene Industries PLC

:: Robert McNaughton, managing director, Hillhouse Quarry Group Limited

:: Neil McNicol, chairman, McCurrach Investments

:: Malcolm McPherson, senior partner, HBJ Gateley

:: Neil Manchester, managing director, Landcatch Natural Selection Ltd.

:: Ian Marchant, energy businessman

:: John Michie, managing director, Charles Michies Pharmacy

:: Bruce Mickel, chairman, Mactaggart & Mickel Group

:: Dr. James S. Milne, chairman and managing director, Balmoral Group Holdings Ltd.

:: Nosheena Mobarik, chief executive, M Computer Technologies

:: Jamie Moffat, former managing director, A.T. Mays

:: George Morris, chairman, Morris and Spottiswood Ltd.

:: Derek Morrison, partner, Wm. Morrison Coachworks

:: James Mortimer, entrepreneur

:: Ian Murgitroyd, chairman, Murgitroyd and Company Limited

:: Iain Napier, chairman, John Menzies plc

:: Robin Nicolson, managing director, Nicolson Maps Ltd.

:: Bill Nixon, managing partner, Maven Capital Partners UK LLP

:: Peter Page, chief executive, Devro plc

:: Chris R. Parker, managing director, London and Scottish International Ltd.

:: Jack Perry, chairman, ICG-Longbow Senior Debt Limited

:: Coralie Pickering, managing director, CCL Property Ltd.

:: Richard G. S. Prenter, chairman, MacTaggart, Scott & Co. Ltd.

:: Will Ramsay, chief executive, Affordable Art Fair

:: Jeremy Richardson, chief executive, Cornelian Asset Managers

:: Charles Buchan Ritchie, chairman, Score Group plc

:: David Ross, a founding partner of Aberforth Partners

:: Mike Ross, non-executive director, former chief executive of Scottish Widows

:: Leonard Russell, managing director, Ian Macleod Distillers Ltd.

:: Alastair Salvesen, chairman, Dawnfresh Seafoods Ltd.

:: David Sands, managing director, Alligin Properties Ltd.

:: Alan Savage, chairman, Orion Group

:: Lord Damian Scott, director, Buccleuch

:: Barry E. Sealey, business angel

:: Peter Shakeshaft, business adviser

:: Steven Shear, commercial property developer/landlord

:: David Sibbald, software entrepreneur

:: Archie Smith, managing director, FiFe Fabrications Limited

:: Drew McKenzie Smith, managing director, The Lindores Distillery Company Ltd.

:: Eric N. Smith D.A.

:: Graham Stevenson, managing director, Inver House Distillers Ltd.

:: Bill Stewart, managing director, McDonald Engineers

:: Sir Brian Stewart, former chairman of Standard Life plc, Scottish and Newcastle plc and he Miller Group

:: Peter Taylor, chairman, The Town House Collection

:: Mark Tennant, chairman, F&C Private Equity Trust plc

:: Richard Tester, managing director, Glycologic Limited

:: John G. Thom, chairman, Miller Hendry solicitors

:: Simon Thomson, chief executive, Cairn Energy PLC

:: Alan Thornton, managing director, Caledonian Industries Ltd.

:: Fraser Thornton, managing director, Burn Stewart Distillers Ltd.

:: Judith Thorpe and Karen Molloy, directors, Thorpe Molloy Recruitment Ltd.

:: Marcus Tiefenbrun, chairman, Castle Precision Engineering Ltd.

:: A. B. Tunnock CBE

:: David Warnock, non-executive director

:: Neville Washington, proprietor, Washington Consulting

:: Colin I. Welsh, chief executive officer, Simmons & Company International Limited

:: Lesley Wiggins, managing director, Milne Management Limited

:: Donald Wilson, investor

:: Timothy Wright, chief executive, Edinburgh University Press

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