The faltering campaign to keep Scotland

The Yes group is gaining ground in the Scottish independence referendum campaign. A survey by ICM Research reveals a decline in the No vote from 46% to 42% over the past month, says Tom Peterkin in The Scotsman.

Over the same period, the Yes vote has remained steady at 39%, with 19% undecided. When the latter group are excluded, the No vote stands at 52% with 48% in the Yes camp.

This is the highest level of Yes support yet recorded by an independently commissioned opinion poll.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

The Better Together campaign this week made a "concerted" effort to revive its "faltering campaign", say Laura Pitel and Hamish Macdonell in The Times.

Gordon Brown, the former prime minister, weighed in, warning that an independent Scotland faced a "pensions time bomb", with an annual bill in the first year of separation estimated at three times the projected income from North Sea oil.

"The extreme negativity of the No campaign is proving a major turn-off for voters," says Blair Jenkins, chief executive of Yes Scotland. Alex Salmond, Scotland's First Minister, marked St George's Day with a speechto an English audience promising that an independent Scotlandwould champion the north of England to balance the economicmight of London, says Andrew Grice in The Independent.

He insists that an independent Scotland will still be the"closest" of friends with England, maintaining strong trade andtransport links and sharing the same currency (even though allthree main parties at Westminster have ruled this out).

The Scottish campaign has been rightly derided for itsnegativity, says Hugo Rifkind in The Times. Ultimatelythough, "Scottish nationalism is the far more negative creed".

Scots are not oppressed. "Post-devolution, they are not evenoverlooked." This is not a campaign to put right any greatwrong, it is a campaign to stop talking, to "pull away".

The sadthing is, regardless of who wins, the referendum has already"broken a consensus that was utterly and vitally British".The centuries-old union gave us the multiculturalism that hasforged our post-Empire identity. I hope the Yes campaign fails,but "from a British perspective, it's a terrible failure that itever began".