Event organiser Brian Richardson, the Chief Executive of the H&H Group says that the local economy as a whole will benefit from hosting such a large event.
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The Scottish independence referendum was threatening to turn into a huge boost for separatist movements in many countries in Europe.
The full Scottish referendum results from 32 counting stations across Scotland.
ITV Border Political Editor Peter MacMahon says we've just seen a emotional former SNP MSP appearing to concede that the Yes side has lost.