Live News Updates: China’s Huarong issues profit warning despite $6.6bn bailout

Live News Updates: China's Huarong issues profit warning despite $6.6bn bailout

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British Foreign Secretary Liz Truss, front-runner in the Conservative leadership race, has unequivocally ruled out a second Scottish independence referendum, arguing the 2014 vote was a “once in a generation” event.

Truss, who spent part of her childhood in Scotland, told Conservative party members on Tuesday that she considered herself “a daughter of the union” as she pledged to deliver policies for the whole of the UK and “work hard up close’ with Scottish Conservative leader Douglas Ross to take over administration of the Scottish National Party.

“At the time of the 2014 referendum, the SNP agreed that this was a once-in-a-generation referendum,” he said, speaking at meetings held in Perth, central Scotland. “What her [first minister Nicola Sturgeon] should be doing, rather than agitating for another referendum, is dealing with the real issues in Scotland.”

In the final months of Boris Johnson’s tenure in Number 10, the relationship between the Scottish wing of the Conservative party and the Westminster administration became strained, with several of its members of the Scottish Parliament calling on the Prime Minister to resign over the “partygate revelations”.

Under his government, the union would go “from strength to strength to strength”, Truss said, as he pledged to renew Trident, the UK’s nuclear weapons system, and increase the number of defense contracts awarded to Scottish firms .

Read what Rishi Sunak had to say here.

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!