Douglas Connell has affirmed Turcan Connell's neutral stance on the referendum in Scotland on Sunday. His comments come following the Lord Mayor of London's announcement that the City of London will use its lobbying power and political clout to ensure trade and business ties do not suffer if Scots vote to break away from the UK.

Douglas told Scotland on Sunday that the firm has decided to take a neutral stance when it comes to advising private clients and charities in the run-up to 2014's referendum.

He added:"There is pressure from both sides of the campaign for businesses and business leaders to adopt a non-neutral stance, but we have very deliberately and consciously selected a particularly sturdy and high-level fence from which we hope to facilitate debate and be a source of technical advice."

Douglas said some of the taxation and regulatory issues arising from the Scotland Act"are particularly interesting for us and our clients".

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