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Scottish currency options: not a simple matter

Posted on 23 April 2013

Those pressing for a yes vote in next year’s referendum on Scottish independence need to convince voters that the country will prosper under a new currency and macro-economic regime. This will prove difficult, not because the current system is perfect but because all options have drawbacks.
A Treasury paper published puts the case for the status quo. Although some in Scotland might cavil at the claim that the UK is one of the most successful monetary, fiscal and political unions in history, first minister Alex Salmond understands the sensitivity of this issue………………………………………..Full Article: Source


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