What the Scottish election means for the economy
Idea shared by ritcha filterfar - May 4 at 8:49 AM
The Scottish election is taking place on Thursday 6 May and ดาวน์โหลดjoker voters will be going to the polls to decide the next Holyrood government.
The larger parties in the race include the Scottish National Party (SNP) led by Nicola Sturgeon, Scottish Conservatives led by Douglas Ross, Scottish Labour led by Anas Sarwar, Scottish Greens co-led by Patrick Harvie and Lorna Slaterand, and the Scottish Liberal Democrats led by Willie Rennie.
These are the five parties who won parliamentary seats in 2016.
There are also a number of smaller parties and independent candidates running, making up a total of 25 contesting the Holyrood elections. These include Alba, All for Unity, Freedom Alliance and the Scottish Family Party, among others.
In this election, the electorate will be given two votes, one to choose their constituency member of the Scottish parliament (MSP) and another where they choose a party from the regional list.
After the election this week, MSPs elect Scotland’s first minister, which is usually the leader of the biggest party in the parliament.
The SNP have been in power since 2007 and won the lion’s share of constituencies in 2016. Sturgeon is looking for her party to claim yet another victory, needing to take just four more seats than they already hold to win a majority of 65 in the 129-seat Scottish parliament.
What impact will the election have on the UK economy?
The outcome of the election could have a huge effect on financial markets and the UK economy, particularly if the SNP wins a majority of seats.This is because Nicola Sturgeon's party, along with the Greens, are hoping for a second referendum on Scottish independence, with the aim for an independent Scotland to rejoin the EU as quickly as possible.
Since Britain voted to leave the bloc, the first minister has openly started pushing for another referendum.

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