Scottish banks will be broken up and oil giant BP nationalised to punish them for backing the No campaign, a leading SNP figure warned last night. In an extraordinary intervention, the Scottish National Party’s former deputy leader said businesses that had spoken out against independence would face a ‘day of reckoning’. Jim Sillars said: ‘This referendum is about power, and when we get a Yes majority, we will use that power for a day of reckoning with BP and the banks. Tirade: Jim Sillars (right), the former deputy leader of the SNP and a key ally of Alex Salmond (centre), said oil giant BP would need to 'learn the meaning of nationalisation' and major banks would be broken up
@highlight
Extraordinary intervention last night from former deputy leader Jim Sillars
@highlight
'This referendum is about power, and... we will use that power', he said
@highlight
He said heads of BP and banks 'keep Scotland's poor poorer through lies'
@highlight
'We will be masters of the oil fields, not BP or any of the other majors'
@highlight
Labour MP Ian Davidson said it is 'real face of nationalism in all its ugliness'
@highlight
Remarks came on day of stark warnings by UBS, Iceland and phone firms
@highlight
Deutsche Bank claimed Scotland was on the brink of a historic ‘mistake’ which could usher in a repeat of the Great Depression of the 1930s north of the border;
@highlight
Fellow banking giant UBS warned a Yes vote would spark an immediate recession in Scotland, with 5 per cent wiped off its GDP overnight as banks and investors flee;
@highlight
Phone companies joined retailers in warning that bills could rise if Scotland votes for independence;
@highlight
Iceland boss Malcolm Walker, whose 71 stores in Scotland employ 2,000 people, said his response to a Yes vote would be ‘panic’;
@highlight
Chancellor George Osborne and Bank of England Governor Mark Carney pulled out of a G20 meeting in Australia next week amid fears about the economic fallout of the referendum.
Scottish
Scotland
Scotland
Scotland
Scotland
Scotland
But before he had even arrived he had upset Scots by describing @placeholder as simply ‘a large chunk of our territory’.