Chart of the week: How stocks profited from the union

“The history of the union has been kind to equity investors,” says Jonathan Stubbs of Citigroup. The bank has sifted through data going back to 1707. UK equities have returned 12,700,000,000% since then in total, or 6.3% a year.

That said, given the FTSE 100’s global exposure – 75% of sales are made overseas – the Scottish vote should not affect it much either way over the long term, says Citigroup.

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