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THE INVESTOR

|

21

25TH ANNIVERSARY

S

.

Scotland’s voters rejected

independence from the rest of the United Kingdom

in a referendum. More than 84% of the population

voted, with No outvotingYes by 55.25% to 44.65%.

Ahead of the referendum, Prime Minister David

Cameron promised greater powers for a devolved

Scotland if its citizens rejected independence. That

was followed by a speech immediately after the

vote in which he pledged greater powers for

English regions and English votes for English

laws. The referendum was followed by a surge

in popularity for the Scottish National Party,

which won 56 seats in the general election in May

the following year, with the other three main

parties taking just one seat each. Following the

Brexit vote, in which the UK as a whole voted

to leave, but Scotland voted to remain, First

Minister Nicola Sturgeon has drafted a bill to

reconsider independence.

D

World leaders gathered in Paris

to agree a global climate change

pact at the COP 21 (the 21st

Conference of the Parties)

summit. For the rst time, the

195 participating countries

agreed by consensus to reduce

carbon emissions; by Christmas

of last year, 175 nations had

signed the agreement. It came

into force when 55 countries,

representing 55% of total

global greenhouse gas

emissions, had deposited their

instruments of rati cation

with the UN.This occurred on

5 October 2016.China and the

US signed up early in a joint

statement, but President-elect

DonaldTrump is reportedly

seeking ways to reverse

Obama’s decision.

PurchasesThe Henley

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Acquires Rowan

Dartington

ISSUE 83

SUMMER

Here, we looked

at whether the

apparent recovery in

the US economy was

a sustainable one

ISSUE83 | aUtUmn 2014

theamericandream

is the us recovery

toogood to be true?

01Cover_Liberty.indd 49

22/09/2014 12:16

Accord is reached to

reduce worldwide

carbon emissions at

Paris conference

COOL

DEAL

1992–2017