Bank of England’s governor Mark Carney dashed hopes for an independent Scotland that uses the British Pound A couple of weeks after the Scottish independence currency question has resurfaced, our thesis that a currency union with the UK would undermine its ultimate goal of sovereignty has been confirmed by none other but the current governor…
Read morePound volatility could still reap some benefits for UK spreadbetting and forex businesses When things get out of hand politicians toughen up and take control of the situation. The UK treasury has set an example on Monday that sometimes politicians can act tough without any immediate pressure and released a statement on the state of…
Read moreScotland government white paper (purposely) leaves out any mention of a Scottish currency Scotland's government, led by Alex Salmond’s Scottish National Party, tabled its ‘White Paper’ on Scottish independence earlier this week, and it was as notable for what was NOT in it as for what was. One of the main omissions was talk of…
Read moreWith a Scottish independence referendum a year away, how would this complication be handled? UK spreadbetting and forex industry firms must be licking their chops at the prospect of Scotland launching its own currency, as Scotland nears its referendum on independence on September 18, 2014. UK retail trading clients rank among the highest worldwide in…
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