Currency
Answer:
Timetable for introduction of Scottish Pound post independence. What will happen to wages and bank account, and pension.
Full answer here: A Scottish Currency in an Independent Scotland
Answer:
A foreign currency reserve is needed to support the domestic currency. It helps maintain the value of the currency and can be sold when required. Having and financing its own foreign currency reserve would cost about half a million pounds cheaper than servicing Scotland's share of the UK reserve.
Full answer here: The advantages of having our own foreign currency reserve
Answer:
A central bank needs to be established. Personal and business accounts need to be set up. Loans can continue to be paid in Sterling or the new currency. Pensions can also be paid in the same way.
Full answer here: How to start Scotland's own currency
Answer:
An independent Scotland needs its own currency. First requirement is a Central Bank. Then there the details of bank accounts, customer accounts (business and personal), repayment of loans, payment of pensions, and the printing and coining of money. All these are technical details which financial institutions are well versed in.
Full answer here: Independent currency requirements
Answer:
The advantages of independence relate to:
Self determination
Political identity
Brexit and EU membership
Maintenance of publicly owned health service
Control over use of resources
Economic control
Currency
Security and nuclear weapons
Full answer here: Some advantages to Scottish independence
Answer:
According to Modern Monetary Theory an independent currency is necessary to have a properly independent country. It is possible to establish a currency for Scotland and there are enough resources to provide sufficient monetary resources to support it.
Full answer here: Currencies Scotland could use after Independence
Getting to Maybe: Currency, Debt and the Pre-negotiation of Independence
Author / Creator: Cristine Bell
Media type: Article
Date published: 2014
There is a great prize for the No campaign in the pre-negotiation currency tactic: its nuclear nature may indeed blast the yes campaign’s apparent green shoots.
Scottish Currency Mythbuster
Author / Creator: Scottish Currency Group
Media type: Pamphlet
Date published: 2025
Some myths and common misconceptions around the establishment of a central bank and currency.
Our Scottish Pound - The Pocket Guide.
Author / Creator: Scottish Currency Group
Media type: Pamphlet
Date published: 2025
Q & A on the why and how of a Scottish currency.
The case for a Scottish currency on day one of independence
Author / Creator: Ian Stewart
Media type: Pamphlet
Date published: 2025
“Why do we need our own currency on independence?” The British State has control of both our media and the banking payment systems is why.
Preliminary Reflections on a Viable Currency Framework for an Independent Scotland
Author / Creator: Thibault Laurentjoye
Media type: Pamphlet
Date published: 2025
These essays make the case that credible independence requires immediate monetary sovereignty, supported by coherent institutions and a clear understanding of macroeconomic constraints.
Pensions in an Independent Scotland
Author / Creator: Scottish Currency Group
Media type: Report
Date published: 2026
When Scotland becomes independent, it will inherit the UK’s pension system. We can do better.
Introduction to Pensions in an Independent Scotland
Author / Creator: Scottish Currency Group
Media type: Pamphlet
Date published: 2026
The UK pension system fails to provide adequate income security for many pensioners whilst costing between 26% and 40% of pay. In an independent Scotland we can design a far better pension system at much lower cost. This booklet sets out how we can do this.
So the Royal and other banks will Leave Scotland ?
Author / Creator: Scottish Currency Group
Media type: Article
Date published: 2021
Project Fear is like clock-work in bringing up the subject of the Royal Bank of Scotland, and asserting
that the bank will leave Scotland at the first hint of Independence.
Scotland And EU
Author / Creator: Anthony Salamone
Media type: Podcast
Date published: 2323
Scottish Government’s latest independence White Paper on Scotland’s accession to the European Union
How easily could an independent Scotland set up its own currency?
Author / Creator: Believe in Scotland
Media type: Article
Date published: 2023
mini case studies to highlight the positives of adopting a new currency
What an independent Scotland can learn from Denmark
Author / Creator: Believe in Scotland
Media type: Article
Date published: 2023
Lessons for an Independent Scotland: Denmark
The UK Government should be planning for close links with an independent Scotland
Author / Creator: Derrick Wyatt
Media type: Blog
Date published: 2021
Geography and common values would dictate that any government of the new UK that emerged from Scottish secession would seek the closest possible economic and political links with an independent Scotland.
What new institutions of economic policy would an independent Scotland need?
Author / Creator: Gemma Tetlow
Date published: 2022
Building trust in a post-independence Scottish government’s commitments to sound economic policy and sustainable public finances requires strong, operationally independent institutions
Scottish independence, Brexit all over again?
Author / Creator: John Crabb
Media type: Article
Date published: 2021