Why we'd need a Scottish currency without delay to truly gai

Why we'd need a Scottish currency without delay to truly gain independence


THE Scottish Currency Group (SCG) was created as a Facebook group in May 2019 by Dr Tim Rideout. It came shortly after he had succeeded in getting an amendment passed at the SNP conference committing the party to the establishment of a currency “as soon as practicable” after independence, as opposed to the Growth Commission proposal to use sterling for a decade or more. From a slow start over the first year or so, in the last six months the group membership has grown from about 500 to more than 2500 now.
Over recent months there have been a series of lively, and sometimes heated, debates about the importance of Scotland having its own currency and what this means for the funding of public services and for building a post-independence economy.

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