IMF: Yes vote in Scotland would spook money markets

The International Monetary Fund has warned that a vote in favour of independence will spook the financial markets.

Success for the Yes campaign would be likely to create “uncertainty” in the short term as politicians thrashed out “complicated” issues, particularly over what currency Scotland would use.

Longer-term, the impact on the economy would be determined by the detailed results of the negotiations carried out in the wake of the vote, the organisation added.