Hugo Dixon is Editor-at-Large, Reuters News and the founder of Reuters Breakingviews. He is also the author of "The In/Out Question: Why Britain Should Stay in the EU and Fight to Make it Better." Before founding Breakingviews in 1999, which he edited until 2012, Hugo spent 13 years at the Financial Times, the last five as Head of Lex. He began his journalistic career at the Economist. Hugo is also a budding philosopher. Follow him on twitter: @hugodixon
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To deliver the EU’s goal of a single capital market will require new regulation in some cases. But in others, regulation put in place in the wake of the financial crisis will need to be revised, because it is getting in the way.
If Scotland votes for independence, one of the knock-on effects could be on Britain’s membership of the European Union. This calculator quantifies the political risks posed by the Scottish referendum for the UK in Europe.
If the knife-edge referendum on Scottish independence leads to a breakup of the United Kingdom, the rump UK will probably quit the EU. Financial markets are finally waking up to the direct impact of Scoxit. But they are not yet focusing on the knock-on effects.
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