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An independent Scotland would have an exceptionally large banking sector, compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers at significant risk in the event of the country being hit by another banking crisis, the U.K. Treasury said Sunday.

Sat, 18 May 2013 16:54:57 -0700

An independent Scotland would have a banking system too big to save in the event of a crisis, the U.K. Treasury said in a study into the economic implications of the nation breaking away from the rest of the country.

Sat, 18 May 2013 16:17:39 -0700

AN independent Scotland would be more reliant on the banking sector than Cyprus or Iceland, making it vulnerable to a new financial crisis, a UK Treasury paper will warn this week.

Sat, 18 May 2013 16:09:02 -0700

SANTO DA SERRA, Madeira Islands (AP) -- Scotland's Craig Lee took a one-stroke lead over American Peter Uihlein and Chile's Mark Tullo on Friday during the suspended second round of the Madeira Islands Open.

Fri, 17 May 2013 14:02:45 -0700

Heath Scotland has made it to 250 games. He talks about the highs and one very public low.

Sat, 18 May 2013 07:14:41 -0700

Pakistan ease to a 96-run win over Scotland, who finish 135 all out, in the first of two one-day internationals in Edinburgh.

Fri, 17 May 2013 07:16:08 -0700

COUNCILS across Scotland have reduced spending on nurseries and schools, care for the elderly, street cleaning and road maintenance, with some costs slashed by up to 15% in just one year.

Sat, 18 May 2013 19:39:12 -0700

Scotland's Craig Lee took a one-stroke lead over American Peter Uihlein and Chile's Mark Tullo on Friday during the suspended second round of the Madeira Islands Open.

Fri, 17 May 2013 14:21:46 -0700

Scotland’s national rugby team are to visit Blairgowrie Rugby Club as part of the squad’s preparation for their summer tour to South Africa.

Fri, 17 May 2013 13:03:17 -0700

The Scots hit the ball hard and held off a final-frame surge the Warriors to win their Friday meeting in the third round of the 4A state softball playoffs, 6-3.

Sat, 18 May 2013 15:26:38 -0700