... assuming Scotland continues to run a healthy external balance of payments, courtesy of 90 per cent of the UK’s oil and gas being in Scottish waters and other foreign currency earners like whisky and tourism, sterling liquidity will likely flow from the rest of the UK to Scotland. Scotland will be a net lender to England. cityam/article/1394565144/big-independence-lie-scotland-could-keep-pound
Posted on: Mon, 28 Jul 2014 11:24:54 +0000