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Independence currency plan ‘demolished’ - Osborne

Posted on 05 February 2014

Scottish independence: Chancellor George Osborne has claimed that the recent intervention by the Bank of England Governor Mark Carney has “demolished” the SNP’s arguments that an independent Scotland could continue in a sterling zone with the rest of the UK.
In a hardening of his position against a currency zone, Mr Osborne told the Lords economic affairs committee that the “assertions made by the SNP are simply not credible” on Scotland being able to keep the pound or have a share in the Bank of England………………………………………..Full Article: Source


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