Bank of England governor Mark Carney has delivered a hammer blow to SNP plans for a currency union should Scotland vote for separation. Speaking today in Edinburgh, Mr Carney stressed that such a successful monetary union with the rest of the UK would “require some ceding of national sovereignty”. This would mean surrendering controls over fiscal policy, such as tax and spending rates, contradicting Alex Salmond’s claims in his White Paper that an independent Scotland would have “full autonomy”. conservativefriendsoftheunion/2014/01/29/boe-governor-leaves-salmonds-currency-union-in-tatters/
Posted on: Wed, 29 Jan 2014 15:14:24 +0000