Chancellor Cancels Trip Due to Yes Vote 'Risks'

The Chancellor has cancelled an official trip to Australia because of the potential economic risks of a Scottish Yes vote.

George Osborne and the Bank of England Governor Mark Carney are pulling out of a meeting of the G20 on September 20 and 21.

The decision comes as polls show the Yes and No camps neck and neck ahead of the crucial independence referendum on September 18.

The are also growing warnings from businesses over the impact of a Yes vote.

Mark Carney is to return early from Australia for the result

The Bank has confirmed that Mr Carney - who is due to chair a meeting of the financial stability board of bank regulators in Cairns on Wednesday - will now return early to be back in time for the result.

And the Treasury said that Mr Osborne will not now be going to the weekend summit so will be the UK for the outcome of the vote.

"I can confirm that he is not attending," a Treasury spokesman said.

The Bank said that Mr Carney will be represented at the G20 by the deputy governor for financial stability, Sir Jon Cunliffe.

The latest opinion poll on independence suggests the result is on a knife edge, with both side neck and neck.

With less than a week to go, a new survey for Guardian and ICM indicate support for the No campaign is on 51%, while those in favour of Yes is just 2% behind on 49%.

But 17% of those asked said they had still not made up their minds.

Another poll also suggests the Better Together campaign has narrowly edged back into the lead with a 4% gap.

A YouGov survey put No on 52% and Yes on 48%.

The results came as as several independent heavyweights expressed their concerns if Scotland was to vote to become a separate country.

Asda and John Lewis said the increased costs of operating in an independent Scotland would inevitably be passed on to the consumer, leading to higher prices.

But Tim Martin, chairman of JD Wetherspoon, has told Sky News that price rises are not inevitable if Scotland votes for independence.

RBS, which has been based in Scotland since 1727 and employs 11,500 people there, also confirmed it would be moving its headquarters to London if Scotland voted for independence.

The International Monetary Fund (IMF), meanwhile, said a vote for independence could have a negative effect on the markets in the short-term because of "uncertainty".

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