Salmond Digs In Over U.K. Pound as Scottish Campaign Pauses
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Scottish First Minister Alex Salmond defended his plan for an independent Scotland to keep the pound and dismissed U.K. opposition to sharing the currency as campaign tactics ahead of a vote on the country’s future.
Speaking in an interview with Bloomberg Television yesterday on the eve of the Commonwealth Games in Glasgow, the Scottish National Party leader repeated that the currency belongs to Scotland just as much as the rest of the U.K. Salmond has said an independent Scotland would walk away from its 130 billion-pound ($222 billion) share of U.K. debt should Chancellor of the Exchequer George Osborne stick with his plan to deny the new state a currency union.