Poll : Scottish Independence vote and wanting to "Keep The Pound"

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Should Scotland be allowed to retain the Pound if they vote YES to independence?

  • YES - let's be all neighbourly.

    Votes: 19 12.8%
  • NO - so long sweaties!!

    Votes: 130 87.2%

  • Total voters
    149


seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,946
Crap Town
Was going to ask about the Scottish note. Was in Waitrose Friday and they said we don't accept them so my question that I wanted to know is if they have Scottish notes then haven't they got their own currency anyway or am I missing something.

Scottish and Northern Irish notes are not legal tender in England and Wales , according to the Bank Of England FAQs. Retailers who take them as payment are agreeing to a transaction settlement. The major reason that they are refused goes back to a period when a lot of counterfeit Scottish notes were in circulation and it was easier to pass them off in London and the South than say Glasgow or Edinburgh. By the way if you get any "Travellers" asking to pay with a Scottish £100 note it is a scam , that denomination doesn't exist.
 






Ludensian Gull

Well-known member
Apr 18, 2009
3,927
Mistley Essex
Scottish and Northern Irish notes are not legal tender in England and Wales , according to the Bank Of England FAQs. Retailers who take them as payment are agreeing to a transaction settlement. The major reason that they are refused goes back to a period when a lot of counterfeit Scottish notes were in circulation and it was easier to pass them off in London and the South than say Glasgow or Edinburgh. By the way if you get any "Travellers" asking to pay with a Scottish £100 note it is a scam , that denomination doesn't exist.

The £100 note does exist , had. Plenty of them in my wallet when living up there
 


Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,706
The Fatherland


seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,946
Crap Town
The £100 note does exist , had. Plenty of them in my wallet when living up there

I'll be speaking to my manager tomorrow as we were briefed before Christmas not to accept them on the basis they weren't genuine. A work around could be to tell customers they are a promissary note and only legal tender in Scotland.
 






Ludensian Gull

Well-known member
Apr 18, 2009
3,927
Mistley Essex
I'll be speaking to my manager tomorrow as we were briefed before Christmas not to accept them on the basis they weren't genuine. A work around could be to tell customers they are a promissary note and only legal tender in Scotland.

We always had trouble spending Sottish notes of any denomination when we came back south. Big stores were ok but smaller shops often refused them.
 








Leekbrookgull

Well-known member
Jul 14, 2005
16,385
Leek
I'm not opposed to Scottish independence, but this currency union idea is barmy. There's only one recent comparator that comes to mind, that of the Czechs and Slovaks following their split. That currency union lasted six weeks, rather than the months-to-years planned, as a flight of capital from the weaker Slovak economy to the stronger Czech one made it completely untenable for Slovakia. If anything, the gap in the perceived weakness of the Scottish economy vs. that of the rump UK will be even greater. That the nationalists seem unaware of this makes me wonder whether they've skipped their homework on other issues.

You have to wonder whether the Euro or something else as a currency but not the pound would not the northern border areas experience a trade boom if the Scottish pound slipped i/e petrol in Berwick-on-Tweed at £1-30 a litre to Coldstream at £1-45 ? Plus many other goods and services ?
 


somerset

New member
Jul 14, 2003
6,600
Yatton, North Somerset
Scotland should be allowed to retain the pound.
Why? ..... SNP wanted to go all Euro until they realised a) the pre-reqs for joining the Eurozone were too difficult for Scotland to meet in the medium term, and b) The Euro has shown itself to be very unstable, and therefore a vote loser.
 




The Spanish

Well-known member
Aug 12, 2008
6,478
P
No that's why they are letting 16 year old kids vote. This whole process is a joke. It's beyond disgusting. I understand fully jock frustrations about what they perceive as Westminster policies that negatively impact them but this is basically voting for an ethnically pure state. It's vile divisive and fuelled by idiotic nationalism. I think it's appalling that it's even on the table.
 


seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,946
Crap Town
Why? ..... SNP wanted to go all Euro until they realised a) the pre-reqs for joining the Eurozone were too difficult for Scotland to meet in the medium term, and b) The Euro has shown itself to be very unstable, and therefore a vote loser.

Let them keep the pound , if it all goes tits up we can create currency exchange rates making the Scottish £ as worthy as what the Americans think of the Canadian $
 






Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,706
The Fatherland
It's vile divisive and fuelled by idiotic nationalism. I think it's appalling that it's even on the table.

This is how I feel about the proposed EU referendum.
 


Pavilionaire

Well-known member
Jul 7, 2003
31,267
Keep the pound? Get tae fvck!
 


Triggaaar

Well-known member
Oct 24, 2005
53,170
Goldstone
They should get a per capita percentage of the oil, and have the Scottish Pound, which will be independent from the UK pound. The good thing about them having the vote, is they have to go, or stay and stop ****ing whining.
 


sir_gullahad

Well-known member
Dec 20, 2013
267
Cheltenhamshire
They should get a per capita percentage of the oil, and have the Scottish Pound, which will be independent from the UK pound. The good thing about them having the vote, is they have to go, or stay and stop ****ing whining.

An admirable sentiment, but continued whining is pretty much the only guaranteed outcome.
 




Leekbrookgull

Well-known member
Jul 14, 2005
16,385
Leek
No that's why they are letting 16 year old kids vote. This whole process is a joke. It's beyond disgusting. I understand fully jock frustrations about what they perceive as Westminster policies that negatively impact them but this is basically voting for an ethnically pure state. It's vile divisive and fuelled by idiotic nationalism. I think it's appalling that it's even on the table.

Yep,Salmond should have let the English had a vote he would win hands down !
 


cunning fergus

Well-known member
NSC Patron
Jan 18, 2009
4,886
No that's why they are letting 16 year old kids vote. This whole process is a joke. It's beyond disgusting. I understand fully jock frustrations about what they perceive as Westminster policies that negatively impact them but this is basically voting for an ethnically pure state. It's vile divisive and fuelled by idiotic nationalism. I think it's appalling that it's even on the table.


The thing is, this situation is the consequence of arrogance by labour politicians who thought that they could create a Scottish parliamentary system that would make it difficult for any single party (with the exception of labour) to gain overall control.

The fact that they spectacularly mismanaged national and Scottish affairs allowed the SNP to fill the political vacuum they left. I suspect many Scots who voted SNP were not seeking independence but were attracted by the SNPs socialist messages, however this referendum is the unintended quid pro quo.

Remember the people in charge of the labour party actually believed when they were in control that they had created a new economic cycle which meant no more boom and bust............it is ironic that with the economy on the turn their ultimate act of political vandalism could be the end of a 300 year old union.

Incidentally I agree with the point about 16 year olds, but this is the future (see clause 58).

http://www.publications.parliament.uk/pa/bills/lbill/2013-2014/0063/amend/ml063-II.htm
 


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