Business World

Tuesday 17 January 2017

Standard Life says SNP good for business

Published 13/05/2015 | 02:30

Scottish National Party leader Nicola Sturgeon with the party’s new MPs outside the Houses of Parliament in Westminster
Scottish National Party leader Nicola Sturgeon with the party’s new MPs outside the Houses of Parliament in Westminster

Standard Life, one of Scotland's biggest financial institutions, has welcomed the Scottish National Party (SNP)'s success in last week's UK national elections, saying businesses there would benefit from a strong voice in London.

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The comments from Standard Life Chairman Gerry Grimstone came after the insurer warned last year of the risks of Scottish independence ahead of a referendum.

The SNP took 56 out of 59 Scottish seats in last week's election."We are looking forward very much to having a strong, reasonable Scottish voice in the Houses of Parliament," Grimstone told the company's annual shareholders' meeting yesterday.

Irish Independent

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