Scottish Independence: Business Pros And Cons
With 100 days to go to the Scottish independence vote, billionaire businessman Sir Tom Hunter has called for "evidence-based facts" to support economic forecasts in the campaign.
Sir Tom told Sky News that both the Yes and No camps were promoting "wildly different positions" to argue their case.
The Scottish Government is at odds with Westminster, and Whitehall's economic forecasts, about an independent economy.
Business leaders, think tanks and Sky News' economics experts have examined the cases for and against.
The Yes campaign insists the economy is independently viable, citing employment above pre-recession levels - at its highest level on record.
But HM Treasury is warning that lower output forecasts for the crucial North Sea oil would have an impact on an independent Scotland.
Weir Group chief executive Keith Cochrane told Sky News there needs to be more "non-partisan research" into forecasts.
He said: "I think it is the duty of business not to tell people how to vote but very much to contribute to the debate, so that the people of Scotland can understand the implication of independence from a business perspective."
Sky's Economics Editor Ed Conway, analysing figures put forward ahead of the vote, said: "The two camps have put forward different figures for who would be better off with independence.
"The Yes campaign says people would be £1,000 a year better off with independence while the No campaign says remaining in the United Kingdom would see people £1,400 better off."
In early June, the Institute for Fiscal Studies (IFS) released a report suggesting austerity cuts or tax rises would be needed to balance a newly independent budget, which could inherit a UK deficit burden of £8.6bn, equivalent to 5.5% of UK GDP.
Credit ratings agency Standard and Poor's told Sky News that despite an initial downgrade risk on independence, Scotland maintains a "wealthy economy".
Senior director of European sovereign ratings Frank Gill said: "Even if you exclude North Sea oil you are looking at a per capital GDP of $36,000 (£21,000), so it is a wealthy economy."
While rival ratings agency Moody's said Scotland would likely have a ranking matching the economies of Botswana or Estonia.
Well known Scottish industries include engineering, whisky distilling, salmon farming, tourism, and a large and historic Edinburgh-based financial sector.