Quarrying firm says independence referendum uncertainty is ‘delaying investments’

The independence referendum is “undoubtedly causing some uncertainty” for investors, according to a major UK quarrying firm.

Breedon Aggregates, which employs around 580 staff in Scotland, slammed the Scottish Government and argued the referendum “could be delaying investment decisions”.

Executive chairman Peter Tom said: “In Scotland, there are several large projects on the horizon, including the Aberdeen relief road which is currently out for tender and should start towards the end of 2014.

“However, Government expenditure has not been increased and, therefore, we are not seeing the same improvement in transport, energy and infrastructure as in England.

“The independence referendum in September is undoubtedly causing some uncertainty and could be delaying investment decisions.”

A Government spokeswoman said: “Businesses are continuing to invest heavily in Scotland in the run-up to the referendum, as statistics show.”

A Better Together spokesman said: “As part of the UK, we have the strength and security of the pound, which supports jobs and keeps costs down for families.”