Independence white paper outlines possible Scottish central bank

Proposals map out “the process of establishing a Scottish pound”

Scotland and UK flags

The Scottish government published a white paper on its economic model for the economy of an independent Scotland on October 17, including details for a separate central bank and currency.

The paper – Building a New Scotland: A stronger economy with independence – comes as Scottish authorities challenge the UK government for the right to hold a non-binding referendum on independence.

It also coincides with a period of intense economic and political instability in the UK, following market

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