BREXIT: Scotland’s call for a second independence referendum causes the pound to fall against major currencies

As the United Kingdom perfects plan to trigger Article 50 of the Lisbon treaty, on or before the end of March as promised by Prime Minister Theresa May, the Scottish government under the leadership of Nicola Sturgeon is also gearing up for a second indyref due to the Mrs May’s hard Brexit stance, because the Scottish believe their interests are not being considered even after voting overwhelmingly to remain in the EU.

Thus, Scotland has said that despite the efforts being made  by the Westminster to frustrate call for another independence referendum, they have a “cast-iron mandate” to call a second referendum due to Theresa May’s rebuff to compromise according to SNP leader Nicola Sturgeon.

Therefore, the UK government has been told to have a rethink of its hard Brexit stance before things get too late for the country, otherwise Brexit may be disrupted by another Scottish indyref.

The First Minister of Scotland states that: “We continue to seek compromise with the UK Government — although we have not seen any evidence so far of real willingness to compromise.”

Another indyref may be held in 3018 if the First Minister gets her way through, amid the peak of Brexit talks.

In a Times column, Sturgeon said: “Since then, 62 per cent of all those in Scotland who cast a ballot in the EU referendum voted to remain. All bar one of our 59 MPs voted against the triggering of Article 50.

“And yet, two years on from being told that rejecting independence would safeguard our EU membership, we face exit from the EU and from the single market and customs union.”

Sturgeon pointed to the Scottish parliament elections which took place less than a year ago.

The SNP fought the campaign with a manifesto “to hold another referendum if a significant change in circumstances prevailed… like Scotland being taken out of the EU against our will.”

Due to the continuous clamour for a second vote, markets are beginning to react poorly, as a result of too many uncertainties and tensions is it prepares to exit the EU.

But then, to bring to the barest minimum the risk of such crisis, UK ministers are of the view that another indyref should be held only after Britain exits the EU.

The independence obsessed politician added: “The SNP was re-elected to government with more votes and seats than Labour and the Tories combined. So as well as justification for a referendum, there is also a cast-iron mandate.”

The comments follow reports that the pound has fallen against the euro and dollar amid growing concerns Sturgeon is set to spark a fresh political crisis by calling a second Scottish independence referendum.

The SNP leader claims: “The day after the EU referendum, I chose not to immediately exercise that mandate.

“Instead, the Scottish government published a compromise position, which proposed a way for Scotland to remain in the single market. Instead of meeting us halfway, however, the UK Government’s approach has been ‘its way or no way’.”