To ask Her Majesty’s Government what assessment they have made of the extent of future movement of financial service companies from London to Edinburgh, in the event that Scotland leaves the UK but retains passporting rights into the EU.

The PM has been clear that now is not the time for another referendum on Scottish independence, following the decisive vote in 2014. The Government is focused on negotiating a good deal for the UK as a whole, a deal which will give firms in London and Edinburgh the maximum freedom to trade with and operate within European markets.