24.03.2014 - Currency union for independent Scotland wins backing
Pro-independence lobby pounces on Beijing economist's report in move to reopen arguments over workability of UK currency union. Key reasons put forward by the UK government for rejecting a currency union with an independent Scotland are unsubstantiated, an economist has claimed. The chancellor, George Osborne, cited Treasury advice when he ruled out sharing the pound in the event of a yes vote in this year's independence referendum. But Leslie Young, economics professor at the Cheung Kong Graduate School of Business in Beijing, said the arguments could not withstand scrutiny...............................................Full Article: Source
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