Osborne Speech on Scotland Independance

[proggy]

I can hear Alex Salmond cursing from here.
Hinting at back runs etc.

[Troll]

I can hear Alex Salmond cursing from here.
Hinting at back runs etc.

bank runs ?

[proggy]

bank runs ?

Yeah sorry, saying if Scotland went alone with their own currency or Euro everyone would move their money to English banks.

[SimonMac]

And Alex Salmonds response

[Troll]

Yeah sorry, saying if Scotland went alone with their own currency or Euro everyone would move their money to English banks.

I imagine Osborne annoys them as much as Thatcher, so probably no damage done

[doodab]

There appears to be some debate about whether Scotland can keep the pound. I'd suggest they can have Scottish pounds and a free floating exchange rate. If they want to peg it that's up to them.

[proggy]

There appears to be some debate about whether Scotland can keep the pound. I'd suggest they can have Scottish pounds and a free floating exchange rate. If they want to peg it that's up to them.

Least we could then reject English banknotes like you guys do.

[Troll]

Least we could then reject English banknotes like you guys do.

English ones are legal tender

[doodab]

Least we could then reject English banknotes like you guys do.

Except you'll need to keep a massive stock of them to back your currency up. Currently, all Scottish notes are backed by English ones, I can't see the BoE allowing that to change.

[doodab]

English ones are legal tender

Only in England and Wales.