Scotland Decides ’14: all about the money as currency debate rages on

Press/Media: Articles in 'The Conversation'

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Scots would continue to use the pound as part of a formal currency union after independence, the SNP long argued. But Chancellor George Osborne ruled that out in a recent speech, following advice from Treasury civil servant Sir Nicholas Macpherson.

Since then the issue of currency has been the dominant one in the independence referendum campaign. And the SNP’s case appeared to be strengthened when Beijing-based professor Leslie Young criticised Macpherson’s claims and appeared to suggest that currency union was still viable.

Members of the Scotland Decides ’14 panel assess the state of the currency debate.

Period28 Mar 2014

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