Wednesday, September 3, 2014

Can Scotland be independent and keep sterling?

A yes campaign volunteer displays a campaign leaflet in the runup to the vote on 18 SeptemberThe future of the pound in an independent Scotland has been a central part of the debate in the lead up to the 18 September referendum. Scotland’s first minister, Alex Salmond, insists the country will continue to use the pound if it votes for independence. But all three main political parties at Westminster have said an independent Scotland would not be allowed to continue to use sterling.