To be independent or to be a pound
British launches an anti-independence campaign in Scotland
This newspaper is based in the UK Reporter Li Wenyun
The British Chancellor of the Exchequer Osborne said in Edinburgh on February 13 that if Scotland is independent, the Scottish government cannot use the pound as its legal tender. He called on the Scottish people to choose to stay in the United Kingdom family so that Scotland can continue to use the pound and enjoy the economic security of the pound.
The National Party, which was in power in Scotland, published a white paper on the independence referendum on November 26 last year, detailing the referendum on independence in Scotland. Scotland will hold a referendum on whether it will leave the UK on September 18th. Nearly 4 million citizens over the age of 16 will vote for the future of Scotland. The Scottish government said that if the independent referendum is passed, Scotland hopes to form a monetary union with the UK and continue to use the pound as the legal tender, while retaining the Bank of England —— the Bank of England’s functions and services in Scotland.
Osborne made a clear rejection of the vision and recommendations of the Scottish local government. He said that if Scotland chooses independence, Britain cannot agree that independent Scotland will continue to maintain its currency union with the UK and continue to use the pound as the currency of the newly independent country. Because that is not in the interest of the people of Scotland and the rest of the UK. The Liberal Democratic Party and the opposition Labor Party within the United Kingdom’s coalition government have also rejected the “Monetary Union” proposal.
Once independent, the economic and financial relationship that Scotland will form with the UK has always been the focus of the debate on the independent referendum. It is also a matter of vital interest to the Scottish people, which directly affects the voting trend of referendum.
Osborne’s tough stance shows that the British government has actually started from the monetary union, using economic interests as a weapon, and starting an anti-independence pressure offensive from the political and economic fronts. British media analysis believes that if the British government officially refuses to form a monetary union with Scotland after independence, it will exert tremendous pressure on the Scottish government that is seeking public support for independence.
Earlier, British Prime Minister David Cameron also called on Scottish citizens to stay in the UK in a New Year’s speech and a recent speech. Cameron said that the referendum is Scotland’s biggest choice and may completely change the UK. If Scotland is independent, Britain will suffer far-reaching losses. Cameron bitterly persuaded all the Scottish people, “We hope that you will stay, we can work together to build a stronger Britain.” ”
Bank of England Governor Carney made a public statement on the currency union between Scotland and the United Kingdom in Edinburgh. He believes that the plan to continue to use the pound in Scotland after independence needs to be “considered carefully” and this An arrangement has exceeded the terms of reference of the Bank of England and should be negotiated by the Scottish Parliament and the British Parliament. He said that the Scottish government must retain a monetary union, and it is necessary to have a proper foundation and sacrifice some sovereignty. At present, the monetary union does not have such a foundation. Monetary unions that do not have a proper foundation will face problems such as sovereign debt crisis and financial fragmentation.
A tough stance on the British government, the Scottish government said that the formation of a currency union is not to let the UK bear the debt of the Scottish region, the British government has some “bluff”. Whatever the British government is saying now, once Scotland passes the independent referendum, it will actually do another.
According to a survey conducted by several polling agencies in the UK in February, the number of independent supporters in the Scottish region has increased. The number of people who supported Scotland’s independence from the UK has been less than 1/3, but this time there is a result. It shows that although the Scottish people who oppose independence are still 57%, the increase in independence is 43%; 51% of the respondents believe that Scotland will pay more taxes after independence, and 26% think it will not.
(London, February 14th)
Responsible Editor: Zhu Malie