Scottish groups push FTSE up as independence fears subside

Scotland’s largest companies have pushed the FTSE 100 up this morning following Scotland’s vote against independence.

Some 55 per cent of voters chose to remain part of the UK and the result saw Royal Bank of Scotland up 3.5 per cent and Lloyds Banking Group shares rise 2 per cent as of 9:05AM today.

Aberdeen Asset Management rose 1.5 per cent whilst Standard Life was 1.3 per cent up.

The FTSE 100 index as a whole rose 0.60 per cent to 6,860 points having already rose 0.60 per cent ahead of the Scottish vote yesterday.

A number of UK financial institutions have expressed relief at the No vote having seen market uncertainty affect the Sterling and FTSE in the months leading up to the referendum.