Top lawyer says Scottish business will rejoice at election result

Commenting this morning, Mr Rodney said: “At a constitutional level, it would appear that both IndyRef2 and Hard Brexit may be off the table for now. From our recent client survey which looked at the views of Scotland’s deal-makers, it would seem that Scottish business will regard both of these outcomes positively in the longer term.

“The uncertainty around a second Scottish Independence vote was creating concerns about investment. And from discussions with clients, it would seem the type of Brexit that Scottish business wanted was one that was pragmatic rather than dogmatic. In negotiating our departure from the EU, it seems likely that the principles of the deal will need wider and more inclusive political support than “strong and stable” leadership could have brought,” Mr Rodney said.

He added: “At the time of writing, a minority Conservative government looks to be the likely but not inevitable outcome. Until that is resolved there will be uncertainty – which sadly has become the norm. And then, what happens with the Brexit negotiations? Can they realistically begin on 19 June? Hopefully they will be delayed until some consensus on the terms we are negotiating can be reached.

“So it looks like there will be uncertainty in the immediate future, but an equilibrium will be established soon and then the business bus will leave the station again (as it always does); hopefully the landscape will actually be more attractive along the road.”