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Scotland's First Minister, Nicola Sturgeon, calls for fresh independence referendum...

• http://www.cnbc.com, David Reid

Nicola Sturgeon, the First Minister Of Scotland has announced that she will start proceedings for a second Scottish referendum on independence.

The Scottish leader said she expected a referendum to take place sometime between fall next year and spring 2019.

In a speech in Edinburgh, the First Minister said that the language of partnership from the United Kingdom had "gone completely" in relation to Scotland's view on Brexit.

"Scotland stands at a hugely important crossroads," she told reporters in Edinburgh.

"On the eve of Article 50 being triggered, not only is there no U.K.-wide agreement on the way ahead – the U.K. government has not moved even an inch in pursuit of compromise and agreement.

"All of our efforts at compromise have been met with a brick wall of intransigence."

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