Scotland's banks threaten to leave

Scotland risks losing the heart of its financial services industry if it votes in favor of independence from the United Kingdom.

The biggest names in banking and insurance have said they would move their headquarters and parts of their businesses to England if next week's referendum backs a split, according to CNNMoney.

The financial sector employs 100,000 people in Scotland. It manages over £800 billion ($1.3 trillion) in funds and generates roughly £7 billion ($11 billion) for the economy each year.

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