Interesting, and perfectly true, but not something I want to sign up to.
Scotland could end up with the pound as Greece has ended up with the
Euro. However, Scotland's economy is much more robust than Greece's -
oil or no oil. Even so my view would be that the much stronger English
and Welsh economy would drive the currency. The answer for Scotland if
the pound was dragging Scotland in a direction it does not like (which
could be good or bad, just like the politics driving the new referendum
demand) could be to join the Euro. The Republic of Ireland did just
this, pegged to sterling until 1979 when Ireland joined the EMS (which
the UK infamously did not fully join until 1990, precipitating Black
Wednesday). The EMS was effectively a precursor to Ireland joining the
Euro in 1998.
Gordon
On 14/03/17 13:46, Mike and Jan Andrews wrote:
Hi all
I have initiated a petition to Parliament but need at least five people to sign it by clicking on one of the links below. (Please let me know if you have signed, by replying to this email).
Regards
Mike
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*From:* Petitions: UK Government and Parliament <no-reply@xxxxxxxxxxxxxxxxxxxxxx>
*Sent:* 14 March 2017 13:31
*To:* botanic88@xxxxxxxxxxxxx
*Subject:* Action required: Petition “Make it clear that an independent Scotland would have no control over the Pound.”
Dear Michael Andrews,
You’re not done yet!
Forward the email below to your potential supporters.
5 people need to click the link and confirm their support for us to publish your petition.
Thanks,
The Petitions team
UK Government and Parliament
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I’ve made a petition – will you sign it?
Click this link to sign the petition:
https://petition.parliament.uk/petitions/190485/sponsors/acp4xePEu0sHA8jK7YQ
<https://petition.parliament.uk/petitions/190485/sponsors/acp4xePEu0sHA8jK7YQ>
Petition: Make it clear that an independent Scotland would have no control over the Pound. <https://petition.parliament.uk/petitions/190485/sponsors/acp4xePEu0sHA8jK7YQ>
petition.parliament.uk
The Bank of England serves Britain's interests. It should not be made to serve the interests of an independent Scotland at the same time. Because the two sets of interests would frequently conflict with one another.
My petition:
Make it clear that an independent Scotland would have no control over the Pound.
The Bank of England serves Britain's interests. It should not be made to serve the interests of an independent Scotland at the same time. Because the two sets of interests would frequently conflict with one another.
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Click this link to sign the petition:
https://petition.parliament.uk/petitions/190485/sponsors/acp4xePEu0sHA8jK7YQ
<https://petition.parliament.uk/petitions/190485/sponsors/acp4xePEu0sHA8jK7YQ>
Petition: Make it clear that an independent Scotland would have no control over the Pound. <https://petition.parliament.uk/petitions/190485/sponsors/acp4xePEu0sHA8jK7YQ>
petition.parliament.uk
The Bank of England serves Britain's interests. It should not be made to serve the interests of an independent Scotland at the same time. Because the two sets of interests would frequently conflict with one another.
