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iScotland: the letter from business leaders

The text of the letter about the consequences of Scottish independence from 120+ business leaders and the full list of signatories:

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


 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 The 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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