Industry experts claim that businesses are “relieved” that the people of Scotland said No to independence.
They believe the next step now is for the nation to “unite and focus on the future” to ensure continued investment.
Simon Walker, director general of the Institute of Directors (IoD), is optimistic that Scots will be given more of a say over how to manage the nation’s economy.
He said: “There can be no doubt that many businesses will breathe a sigh of relief that the prospect of a contentious currency debate and prolonged economic negotiations have been avoided and yet we know that significant changes are still on the cards.
“As negotiations commence on a future settlement for Scotland, the focus must be on ensuring that any new powers are used to boost Scotland’s economic competitiveness, unleash enterprise and attract further investment.”
CBI director general John Cridland also said the results of the ballot had been welcomed by businesses throughout the UK, as they believe retaining the Union is the only option for creating jobs, raising growth and improving living standards.
He added: “Now is also the time to rebuild relationships outside the UK to reassure international investors and other partners that we will emerge stronger and more confident in the months and years ahead.”
Terry Scuoler, chief executive of manufacturers’ organisation EEF, urged businesses to “get on with the day job of generating growth and creating jobs”.
“The Government must act on its promises and quickly start to implement the devolution proposals that have been put forward and rebuild trust and confidence,” he continued.
Leading whisky firms have also pledged to work with the UK and Scottish governments to secure the future of one of the country’s biggest exports, while the engineering, technology and pharmaceutical industries believe this is Scotland’s time to shine.
Meanwhile, the Scottish Chambers of Commerce has called for clarity on what new devolved powers will be given to Scotland and what they will mean for businesses.
Chief executive Liz Cameron said: “It is now time for us to come together and grasp the opportunities which dynamic change can stimulate and energise
“The referendum campaigns placed Scotland’s economy at the top of the political agenda and now we must keep it there.”
Scottish policy convener of the Federation of Small Businesses, Andy Willox outlined the important role they have to play in the country’s future.
“Businesses don’t just create jobs, deliver services and generate revenues, they have the capacity to change lives and transform communities,” he added.