Scotland Vote: Market 'Relief Rally' Forecast

The pound has strengthened and the FTSE 100 is forecast to rebound by more than 100 points following Scotland's referendum.

Sterling, already pushed up on Thursday by speculation on markets that the independence vote had fallen short of the majority needed to leave the UK, gained another half of 1% as high as $1.65.2 in Asia trading.

Financial spreadbetters pointed to a rise of at least 1.2% when the FTSE 100 opened for business at 8am BST.

Banking stocks were predicted to see a particular lift.

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