The Scotsman

SCOTSMAN.COM VIEW

Leading firms from Scotland’s financial sector have drawn up restructur­ing “contingenc­y plans” to deal with the impact of a Brexit shock, industry chiefs have warned

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Contingenc­y plans for something that is definitely going to happen? No wonder they were caught out by the last financial meltdown. Probably making contingenc­y plans in case the sun should rise, yet again, the following day. – Wjohn All reputable organisati­ons, whether public or private sector, no matter the size, will have contingenc­y plans in place. It’s how successful ones develop, grow, and improve. It’s part of the day to day job of management – thinking in terms of short, mid, and long term issues. Planning for the worst, hoping for the best. Part of the day job. Now, given that Nicola Sturgeon and Derek Mackay don’t know what the day job is, it is no surprise that they are amazed and astounded at such activity. – Ulcerating Soon Having contingenc­y plans for the traumas of leaving the EU is a wise move just as these same companies made plans to move over the border in the unlikely event of idiocy prevailing in the 2014 referendum . – Sepsrsic

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