The Prime Minister has arrived at St. Andrew's House in Edinburgh ahead of his meeting with Scotland's First Minister Alex Salmond.
Their meeting will last around an hour before the official signing ceremony to transfer power from Westminster to Holyrood to legislate on the referendum.
David Cameron visited Rosyth Dock Yard in Fife this morning to check on the progress of the HMS Queen Elizabeth aircraft carrier which is being assembled there.
The Secretary for Scotland Michael Moore has said that despite the terms being agreed today, the future referendum will still be "made in Scotland".
He also called on the Scottish people not to vote against what he called "the most successful partnership of nations ever".
The Prime Minister has been visiting Rosyth shipyard in Scotland where the aircraft carrier HMS Queen Elizabeth is being assembled.
According to the Daily Telegraph, a source "close to Mr Cameron" said the purpose of the visit was to show how “Scotland is benefiting the UK with the expertise in the shipyards and Scotland benefits from the UK with the scale of defence.”
There has been vigorous campaigning both for and against an independent Scotland since February. Read the arguments of both camps here:
The Prime Minister will meet Scotland's First Minister Alex Salmond today to agree terms for a referendum on Scottish independence. Here's the order of events:
- 10:00 - Salmond visits parents, children and family nurses
- 10:30 - Cameron visits Rosyth shipyard where the aircraft carrier HMS Queen Elizabeth is being assembled
- 12:30 - Cameron arrives at St. Andrew's House in Edinburgh
- 12:45 - Cameron and Salmond meet in private
- 13:45 - Signing ceremony
Scotland's Deputy First Minister Nicola Sturgeon has said she is "very satisfied" with the terms of a referendum on Scotland's independence to be formally agreed later today.
Speaking on the BBC Radio 4 Today programme, she denied that her government had been out-negotiated on the issue having a second question on the ballot paper:
– Nicola Sturgeon, Scotland's Deputy First Minister
No, that's not how I see it. We have never said we wanted a second question on the ballot paper.
What we did say was that option shouldn't be ruled out prematurely; it would have been better left to the Scottish Parliament to decide that.
But in any negotiation there has to be compromise. Both sides have compromised but overall I'm very satisfied that we have a deal that guarantees a referendum made in Scotland.
The most recent poll shows that support for Scotland's independence is dropping after the Olympics and the current economic climate.
- Most recent poll (995 adults, published last week) showed support for the Union at 53% compared with support for independence at 28%.
- Strongest support for independence among 18-24-year-olds.
- Latest YouGov poll (1,000 people, commissioned by SNP) found 64% think the Scottish Government is better at making decisions for Scotland than that of UK (24%).
The Secretary of State for Scotland, Michael Moore, has said there are "strong" opportunities for Scotland if it remains part of the United Kingdom.
He told BBC Radio Scotland: "We have much more clout as part of the UK at the top table at the United Nations and Nato, in the European Union.
"We've got much greater security as part of an economy - the fourth largest defence spender in the world, [with] lots of jobs dependent on that."
The UK Government's Scottish Secretary, Michael Moore, has described the referendum on Scottish independence as the most important political decision in Scotland's history. He told BBC Radio Scotland:
– Michael Moore, Secretary for scotland
What we're focused on today is a very important agreement which will allow us to have a referendum to make the most important political decision in our lives, in fact the most important political decision in Scotland's 300 years