Britain to tell Scotland: Lose the pound if you exit UK

February 12th, 2014  
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Topic: Britain to tell Scotland: Lose the pound if you exit UK

By Andrew Osborn and Belinda Goldsmith LONDON/KILMARNOCK (Reuters) - Britain's main political parties will tell Scotland in coordinated statements in coming days it cannot keep the pound if it votes for independence, two people familiar with the matter said on Wednesday. Scottish nationalists accused British politicians of bluffing and said they knew well any bid to withdraw the pound from Scotland would damage English business. They said it would mean Scotland would not shoulder any share of British debt. The drive by the three main parties, the boldest attempt yet by the British political establishment to scuttle Scottish nationalists' independence bid, reflects a growing sense that the issue of what currency a breakaway Scotland would use could be decisive in swaying undecided voters.


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