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Scottish independence: Currency plans need set out

Posted on 14 November 2013

Plans for a “new Scottish currency” must be set out in the long-awaited blueprint for ­independence later this month, Scottish Secretary Alistair ­Carmichael said. The SNP government’s white paper must also be clear about the costs of setting up a new Scottish state, as well as the price of pensions, he warned in a speech in Inverness.
First Minister Alex Salmond has said Scotland would use the pound in a “sterling union” with the rest of the UK after independence but Mr Carmichael insisted this “wouldn’t work”………………………………………..Full Article: Source


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