Willie Bain
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Labour's Willie Bain agrees with Tory George Osborne

Shadow Scotland Office Minister Willie Bain has said he agreed with Chancellor George Osborne's comments that the uncertainty over an independence referendum was damaging the Scottish economy.

Labour's Glasgow North East MP said of his political opponent: "Even I have to admit that on this issue he [George Osborne] has a point when speaking to people in the financial services community as I have done in the last fortnight.

"They do indicate in the privacy of their company boardrooms very searching questions which have been asked a lot about the stability of the Scottish financial system."

Mr Bain made public his views in an interview with BBC Radio Scotland's Good Morning Scotland programme.