Bank Of England Governor Warns Currency Union Incompatible With Sovereignty

Bank of England Governor Mark Carney warned that a currency union between England and an independent Scotland would be “incompatible with sovereignty”.

An independent Scotland keeping the pound has become a key point of contention in debates about breaking the union.

Bank of England Governor: Scots will vote on Sept 18^th

The people of Scotland will soon decide whether Scotland should be an independent nation or remain a part of the United Kingdom. Though it’s theoretically possible for the new country to continue with the Sterling currency in the event of Scottish independence, some analysts including Barclays...