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Could Sky be moving to Edinburgh?

Category: Scotland Business News — Paul Morgan on March 14, 2012

According to the presenter of the BBC’s Sunday Politics programme Andrew Neil, BSkyB could be factoring in a move to the Scottish capital.

That is what the former Sunday Times editor recently alluded to in a tweet anyway.

It followed an interview he had with Alex Salmond, where the first minister claimed to have been given the impression by Rupert Murdoch that the broadcasting outfit could be relocated following independence.

Neil was quick to state that the comment was made off camera and also said he thought it nothing more than a jibe towards David Cameron from the Australian media mogul.

It is true however that there were talks between Mr Salmond and Murdoch last week, which were set up to discuss how BSkyB investment could be increased in Scotland. It is also known that the proposal to slash corporation tax was discussed.

The tweet by Neil was backed up by Kelvin Mackenzie, a friend of Murdoch, who stated in the Daily Mail:

“A little bird tells me Mr Murdoch suggested a referendum winner would be an announcement that corporation tax for firms coming to an independent Scotland would be cut from the UK norm of 26% to between 10% and 15%.”

The former Sun editor went on to state that BSkyB would indeed relocate should that happen.

Presently, investment in Scotland from the Murdoch empire is small, with a Motherwell printing plant and call centres in Dunfermline, Livingstone and Uddington.

Neither BSkyB nor the first minister’s office have validated the relocation claims.

'Disclaimer: The information contained in these articles is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.

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