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Rejection of currency union with Scotland criticised

Key reasons put forward by the UK Government for rejecting a currency union with an independent Scotland are "unsubstantiated", an economics expert has said.

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Decision over Scotland currency union 'will not change'

The Treasury has rejected criticism of its opposition to a currency union with an independent Scotland. In a statement, a spokesman said:

The UK Government has set out detailed analysis supported by numerous independent voices as to why a currency union is not in the interests of an independent Scotland or the remaining UK.

This decision is not going to change. This means less than six months from the referendum the Scottish Government still has no plan for what currency they would use.

Read: Sharing sterling after independence 'best option'

Read: Scottish independence 'a threat to safety and security'

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Rejection of currency union with Scotland criticised

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