Scotland's economy would be in a "parlous state" if it becomes independent in next month's referendum, the chair of HSBC Scotland claims.
Douglas Flint, who describes himself as an exiled Scot, warned that sterling currency was an "anchor of stability" for Scotland.
Writing in the Daily Telegraph, he said: "At the extreme, uncertainty over Scotland's currency arrangements could prompt capital flight from the country, leaving its financial system in a parlous state."
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