The pound won't suffer if Scotland adopts an alternative currency

Philip Booth appears on BBC online

Philip Booth, Editorial and Programme Director at the IEA, has appeared in an article by the BBC in relation to how a currency change might affect the rest of the UK in the event that Scotland decides to become independent. 

In a discussion over the value of sterling, Philip states that Scotland accounts for only a small proportion of the UK economy and hence, if Scotland were to adopt a different currency, the knock-on effect to the value of sterling would be minimal. 

You can read the article in full here. 

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