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The past is irrelevant. The value of the £ is largely dependent on the fiscal policies of the member countries (useless EU take note)

The rest of the UK will not under any circumstances agree to being a hostage to fortune to what will be a rickety economy at best

If scotland does decide to peg its currency then thats up to them. But if by doing so its overvalued, then that will have serious consequences

[QUOTE="clivex, post: 2469784, member: 65326"] The past is irrelevant. The value of the £ is largely dependent on the fiscal policies of the member countries (useless EU take note) The rest of the UK will not under any circumstances agree to being a hostage to fortune to what will be a rickety economy at best If scotland does decide to peg its currency then thats up to them. But if by doing so its overvalued, then that will have serious consequences [/QUOTE]

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