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Scotland has four "options" for a currency if it goes independent, according to this House of Commons report: using the pound in a currency union with Britain.
LONDON – In for a penny, in for a pound. There'll be no going back if Scotland votes for independence from the United Kingdom on Sept. 18. Opinion polls showing that may happen have prompted ...
A separate Scotland could use the UK’s currency without its consent – much in the way that Panama employs the U.S. dollar and similar to how Ireland once pegged itself to the pound.
My colleague Tim Worstall argues correctly that an independent Scotland would still be able to use the pound if it chose. Just as the US has no power to prevent Panama, Ecuador and even Zimbabwe ...
The nationalists, led by Scotland’s First Minister Alex Salmond, hope Scotland will still use the pound through a currency union with what’s left of Britain -- Wales, Northern Ireland and England.
In truth, it is only one plan – a new Scottish currency. Whether a country has a fixed or floating currency, or a linked exchange rate regime, ...
However, without currency union an independent Scotland would lose the protection of the BoE so if Scotland repudiates its . share of British debt – as Mr Salmond has threatened – it will find ...
If a knockout blow is dealt to Scotland's 307-year union with England, LONDON (AP) — In for a penny, in for a pound. There'll be no going back if Scotland votes for independence from the United ...
As Nicola Sturgeon presses for a second Scottish independence referendum, key questions being asked include what type of currency the nation would use after quitting the union. Scotland Scottish ...
Mr Salmond told viewers: "We could have a Scottish currency. We could have a flexible currency like Sweden or Norway has. We could have a fixed rate Scottish pound attached to the pound sterling.
Many argue it was the currency question that lost the Yes campaign the referendum. In the first 2014 leaders TV debate, Alistair Darling accused Alex Salmond of “guesswork, fingers crossed and ...
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