The SNP’s Currency Nightmare

It will all come down to a measure of intelligence – either way.

Notes from North Britain

The Chancellor’s contribution this week to the independence debate was dramatic. What does it mean? And where do we go from here?

What the Chancellor said was that there will be no currency union between an independent Scotland and the rest of the United Kingdom. He said this on the basis of independent, expert and hard-headed analysis — all made public — prepared by HM Treasury and signed off by the Permanent Secretary to the Treasury, no less (the civil servant who is leading the UK Government’s ongoing series of Scotland Analysis papers, about which I’ve written before). The Chancellor’s verdict — that it could not be said to be in the best interests of the rest of the UK to enter into a currency union with an independent Scotland — is not a narrowly partisan position adopted in the interests of the Conservatives. It is, on the contrary…

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About Harry Nicholson

I'm an enameller who works with a kiln, fusing pictures in glass onto copper. I write a few poems and short stories. There is an eBook anthology of them, 'Green Linnet' on Amazon. Also a novel, 'Tom Fleck', set in the North of England of 1513 - the year of Flodden. A sequel to 'Tom Fleck' is 'The Black Caravel' published in 2016. My anthology of poems came out in 2015: 'Wandering About.' I've a blog of poems, stories and art at: https://1513fusion.wordpress.com/
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