BoE lifts lid on Scottish independence contingency plan

Emergency plans prepared in case Scotland voted yes

Bank of England
The Bank of England

The Bank of England (BoE) today revealed the central elements of its contingency plan to cope with the destabilising impact of Scotland voting yes to independence.

Published as part of the record of the BoE's latest Financial Policy Committee meeting, the plans detail the central bank's communications, liquidity and prudential oversight efforts, covering both the run-up to the vote and contingency plans should the pro-independence camp prove victorious.

The central bank had been tight-lipped

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