I’ve just been looking back through some of my entries and I’ve re-read what I wrote here on 19 September last year. It was my column about the impending Scottish referendum on independence.
I saw this video, used as a television advert, yesterday evening (
https://www.youtube.com/watch?v=WvymXo3xF3E) and it reminded me that I had planned to
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Btw doesn't Scotland have its own pound, a different one from the English one? I think I've heard something about different money in different parts of the UK.
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It's complicated about the money. Scotland has its own printed banknotes (as does Northern Ireland) but that's all they are. They are beautiful things, much more interesting than the English ones. Although they say 'Bank of Scotland', 'Royal Bank of Scotland' or 'Clydesdale Bank' on them, they are still backed and supported by the reserves of the Bank of England. So, if Scotland wasn't part of the UK anymore those notes wouldn't be Scottish money. Scotland, standing alone, doesn't have reserves to support a currency. I suppose it would be a bit like trying to buy something in Sweden with New Zealand dollars.
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