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People across Scotland have reported to us a rise in cash machines dispensing English notes rather than Scottish currency. We ...
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 ...
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 ...
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.
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, ...
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 ...
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.
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 ...
Last week the U.K.'s Conservative, Labour and Liberal Democrat parties got together to administer a Flodden-style thrashing to Alex Salmond's dream of an independent Scotland using the pound. But ...
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 ...