黑洞社区

Senior construction figures have expressed serious doubts about the impact of an independent Scotland on the construction and property industry, as this week鈥檚 televised campaign debate threw the independence debate wide open.

A range of industry figures voiced fears a 鈥測es鈥� vote would lead to downsizing of construction firms north of the border, in the same week as 132 business leaders, including contractors Babcock and Morris & Spottiswood, signed a letter to the Scotsman saying the business case for independence 鈥渉as not been made鈥�.

However, over 200 business backers of Scottish independence, including property and construction firms, .

The comments come as the polls narrowed to their closest in six months, with support for independence rising to 37% following a strong performance by first minister Alex Salmond in this week鈥檚 televised debate with 鈥渘o鈥� campaign leader Alistair Darling.

Mike Peasland, former Balfour Beatty UK construction services chief executive, speaking in a personal capacity, told 黑洞社区 he feared for Scotland鈥檚 economic performance and the ability of an independent Scottish government to fund construction alongside its social programmes.

Asked what he would do in response to a yes vote, if back at Balfour Beatty, Peasland said: 鈥淵ou鈥檇 have to be making some plans about what the future size of the business is going to be. You may have to re-scale the business.鈥�

Peasland said he feared that financial services firms such as RBS, Scottish Widows and Standard Life would leave the country, with inward investment hit by uncertainty over Scotland鈥檚 future in the EU.

Veteran Scottish construction figure Anthony Rush, formerly chairman of Barr Construction and Scottish MD for Tarmac, said independence would mean it was 鈥渉ighly likely鈥� the Scottish construction industry would have less opportunity going forward. 鈥淚f I was still at Tarmac going to the board to try and get investment in Scotland, I鈥檇 be walking away with my head in my hands,鈥� he said.

One listed UK contractor chief executive, who declined to be named, said: 鈥淎 new independent government will have to make savings and the easiest way to do it will be cutting capital projects.鈥�

However, Kenny Anderson, managing director of 拢7m-turnover Aberdeen-based contractor Anderson Construction and a former CIOB Scotland chairman, said an independent Scotland would create big opportunities for the construction sector. 鈥淚t鈥檚 about access to ministers who have full powers to help. With a country of 5.5 million people it is a lot easier to influence things,鈥� he said.