The people decided the country will remain united and Cameron ensures promises to Scotland will be honoured. Supply chain experts are "relieved", say result "removes risk to employment" and that it's "business as usual".
Prime Minister David Cameron says he is "delighted" the UK will remain together following the result announced in the early hours of this morning. Scotland's First Minister Alex Salmond announced that he will "accept the verdict of the people" and urges 'Yes' voters to do the same.
Cameron also said Westminster would now follow through with their pledge of more powers for the Scottish Parliament.
Lord Smith of Kelvin, who led Glasgow's staging of the Commonwealth Games, is set to lead the process to take forward the commitments, with new powers over tax, spending and welfare.
Bernard Molloy, global industrial logistics director at Unipart Group, comments; "No doubt logistics and supply chains would have to be rebalanced if the Scottish Referendum was yes. Costs and return-on-investment on distribution are currently fairly reasonably spread nationally; this would have been a different story if the vote was yes."
Chris Sturman, chief executive of the Food Storage & Distribution Federation, says; "I believe this a good decision for all the inhabitants of the UK. It maintains the economic and logistical whole, removes risk to employment, enables stable costs and prices for all citizens and removes the instability of change, especially after the uncertainty of the recession. The key is the recognition of UK Gov that we also have to take account of the needs of the English, and that UK Government needs to wake up to the fact that citizens are disillusioned with the Westminster and Whitehall bubble, and all the old fashioned behaviour and attitudes that emanate from there. Big opportunity if politicians wish to take it, which can only benefit UK PLC".
"We are very relieved that a form of stability and hopefully confidence has resulted initially since the referendum outcome. A tremendous amount of work and change is now ahead of us all, seemingly in a fairly short period of time, and the UK may go through many more twists and turns but we at BITA hope that sensible and collective agreements result and do not cause potential market distortions for our members and customers."
The trade association that represents freight forwarders throughout the UK, says that it is business as usual. British International Freight Association (BIFA) director general, Robert Keen says: “The decision to vote against independence has removed a period of huge uncertainty for our members.They can now get on with doing what they do best: Facilitating the UK’s international trade and assisting with the country’s economic recovery through the freight forwarding and logistics services that they deliver to the country’s manufacturers and traders.”
Please send your comments to kirsty.adams@ informa.com