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NEU Senior Regional Support Officer
Independent Scotland 'can't have sterling,' insists George Osborne
Chancellor and deputy Danny Alexander rule out currency union

TREASURY big guns George Osborne and Danny Alexander insisted yesterday that Scotland would not be able to join a sterling currency union in the event of independence.

The Chancellor and his Lib Dem deputy responded yesterday when an unnamed minister’s comments appeared to imply that a deal could be done to let Scotland keep the pound and Britain keep Trident submarines at Faslane.

A joint statement by the two senior Treasury ministers said: “The Scottish government are proposing to divorce the rest of the UK but want to keep the joint bank account and credit card.

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