Independent Scotland....

[Kerrse]

they'll be using the euro within a year of 'independance' 

Dont be silly the euro won't survive another year    well not if things carry on the way they are at the moment !

[wessexgti]

they'll be using the euro within a year of 'independance' 

Dont be silly the euro won't survive another year    well not if things carry on the way they are at the moment !

good point,meant to put that after my comment!! 

[clipperjay]

From what I have seen in the past the money & coins have remained with the queens head regardless of independence from England.
There would be a logistical nightmare if another mint would have to produce Scotish money, open to loads of possible conterfiting.
 

You do realise scotland have different notes anyway, it may be legal sterling but the notes are bank of scotland not bank of england.

It does make me laugh that people think the Scottish are too stupid to run their own country & print their own money 

Coins are the same though right?
And yes Scottish people aren't stupid, just politicians who want a global platform to serve their own arses 

[The Mighty Elvi]

From what I have seen in the past the money & coins have remained with the queens head regardless of independence from England.
There would be a logistical nightmare if another mint would have to produce Scotish money, open to loads of possible conterfiting.
 

You do realise scotland have different notes anyway, it may be legal sterling but the notes are bank of scotland not bank of england.

It does make me laugh that people think the Scottish are too stupid to run their own country & print their own money 

The Bank of Scotland is part of Lloyds Banking Group.  Which I'm sure you're all aware is now mostly owned by the taxpayer.

Good luck getting it back.

 

[Kerrse]

Coins are the same though right?
And yes Scottish people aren't stupid

Same coins

Obviously we are not as we invented everything worth inventing  

[Kerrse]

From what I have seen in the past the money & coins have remained with the queens head regardless of independence from England.
There would be a logistical nightmare if another mint would have to produce Scotish money, open to loads of possible conterfiting.
 

You do realise scotland have different notes anyway, it may be legal sterling but the notes are bank of scotland not bank of england.

It does make me laugh that people think the Scottish are too stupid to run their own country & print their own money 

The Bank of Scotland is part of Lloyds Banking Group.  Which I'm sure you're all aware is now mostly owned by the taxpayer.

Good luck getting it back.

 

Fair point  although technically Scottish people pay tax too so it is still there's in a small way 

[The Mighty Elvi]

Scotland deep in debt, going cap in hand to the Bank of England.

You've been there before....and where did it get you?


"......It was an economic disaster too. The company had lost over £232,884, made up of the life savings of many of the Scottish people. Scotland was now completely incapable of going it alone. Just 7 years after the failure at Darien, it was forced to concede to the Act of Union, joining Scotland with England as the junior partner in the united kingdom of Great Britain. As part of the deal, England paid off Scotland's debts with the 'Equivalent', a sum of £398,000, most of which went to cover the Company of Scotland's losses. The institution established to administer this money eventually became the Royal Bank of Scotland."

http://en.wikipedia.org/wiki/Darien_scheme

[clipperjay]

From what I have seen in the past the money & coins have remained with the queens head regardless of independence from England.
There would be a logistical nightmare if another mint would have to produce Scotish money, open to loads of possible conterfiting.
 

You do realise scotland have different notes anyway, it may be legal sterling but the notes are bank of scotland not bank of england.

It does make me laugh that people think the Scottish are too stupid to run their own country & print their own money 

The Bank of Scotland is part of Lloyds Banking Group.  Which I'm sure you're all aware is now mostly owned by the taxpayer.

Good luck getting it back.

 

Fair point  although technically Scottish people pay tax too so it is still there's in a small way 

What about the hundreds of thousand english people who are pay what you call taxes in Scotland? I'm sure the percentages are looking a tad poor if you segregate to that degree?

[Kerrse]

What about the hundreds of thousand english people who are pay what you call taxes in Scotland? I'm sure the percentages are looking a tad poor if you segregate to that degree?

You lost me there?  what hundreds of thousands of english people are paying scottish tax

[clipperjay]

What I was saying is there is lots of English people working in Scotland you start segregating who pays what taxes Scottish and English you might see a flow of English leaving Scotland or staying, but paying English taxes i.e converting the money supply from Scotland back to Pounds if new monies where to be used!
then we need to see how much flows out of a new soverign Scotland vs what they get as a collective English tax system?