Scotland voted to stay in the U.K. in a referendum on independence, stepping back from a breakup of the 307-year-old union while wringing promises of more financial power from Prime Minister David Cameron.
After a count through the night, 55.3 percent of Scottish voters supported the “no” campaign against 44.7 percent who backed independence. The pound surged overnight as the Better Together campaign posted a wider margin of victory than suggested in opinion polls, before falling back. There was a record turnout of more than 90 percent in some of the 32 regions.
“I accept the verdict” of the people, Alex Salmond, the leader of Scotland’s semi-autonomous government in Edinburgh, said in a speech. While conceding defeat, he stressed the broad movement that resulted in 1.6 million votes for independence. “The unionist parties made vows and Scotland will expect them to be delivered in rapid course,” he said.
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