Simon Jack looks at screen showing pound value rising as referendum unfolded
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Scottish independence: Pound and shares rise on 'No' vote

The pound has hit a two-year high against the euro and a two-week high against the US dollar, as Scotland voted against independence.

The FTSE 100 share index also opened higher, rising 0.7% to 6,860.

The head of the CBI business lobby group, John Longworth, told the BBC's Simon Jack that "very many businesses in Scotland will be mightily relieved" with the result.

Go to next video: Scotland votes no to independence