BUSINESS WILL KEEP WORKING.

Scots bosses have still to be convinced that devolution will be good for business, it was claimed yesterday.

But a study revealed that business leaders would " work with it".

A Scottish Council of Development and Industry survey showed a majority wanted more details before they made a judgment.

One of the key concerns raised was over the proposals to give a Scots parliament the power to raise or lower taxes by three pence in the pound.

But SCDI chief executive Alan Wilson said: "Some of our members are used to operating on a European and global level and have to deal with a variety of tax regimes.

"Three per cent is not a major problem.

"We have seen a 15 per cent erosion in the margins in manufacturing because of the strength of the pound.

"For some companies operating large-scale projects on single-figure margins, that is a real concern and is much harder to deal with."

And the survey showed that the council's members also wanted to know if they would get a chance to have their say on devo plans.

Wilson added: "There is no one business voice and no one business view.

"That is why we are not coming out for or against devolution."