Uk treasury has recently announced that it will guarantee the entire debt in the event of independence.
Osborne is to definitively announce there will be no monetary union (or will he?)
Scottish Government has already pointed out that if the UK takes this position there would be no reason for them to take on a share of the national debt.
But surely Osborne et al are cutting off their noses to spite their faces? Just one example - rUK gets loads of oil/gas from Scotland, surely they would have to pay more if it were in a different currency?
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So, no share of national debt for an independent Scotland then..
117 replies
ItsAllGoingToBeFine · 12/02/2014 09:20
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