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Scottish independence: Treasury ’strongly’ against currency union

Posted on 14 February 2014

Chancellor George Osborne said the pound was not an asset to be divided up, during a speech in Edinburgh. The Treasury’s top official has “strongly” advised against a currency union with an independent Scotland.
Sir Nicholas Macpherson said such an arrangement was “fraught with difficulty”. His recommendations to the chancellor were published as the three main Westminster parties ruled out a currency union………………………………………..Full Article: Source


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