Osborne currency threat should not be taken seriously say experts
By Martin Kelly (5 March 2014)
Threats by Tory Chancellor George Osborne to block a currency union between a newly independent Scotland and the rest of the UK should not be taken seriously, and is part of a political agenda, a Scottish Parliamentary Committee has heard. Giving evidence in front of the Scottish Parliament's Economy, Energy and Tourism Committee, Crawford Beveridge, who is Chair of the Fiscal Commission Working Group set up by the Scottish Government, has said the UK Chancellor's stance is not credible.
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