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Scottish independence: Alex Salmond hits back over currency union | Scottish independence: Alex Salmond hits back over currency union |
(about 7 hours later) | |
The Scottish first minister has accused the three main UK parties of "bluff, bluster and bullying" over their opposition to a currency union with an independent Scotland. | The Scottish first minister has accused the three main UK parties of "bluff, bluster and bullying" over their opposition to a currency union with an independent Scotland. |
Alex Salmond was speaking after UK Chancellor George Osborne said a vote for Scottish independence would mean walking away from the pound. | Alex Salmond was speaking after UK Chancellor George Osborne said a vote for Scottish independence would mean walking away from the pound. |
Mr Osborne's position was echoed by Labour and the Liberal Democrats. | Mr Osborne's position was echoed by Labour and the Liberal Democrats. |
But Mr Salmond said the move would "backfire spectacularly". | But Mr Salmond said the move would "backfire spectacularly". |
The referendum on Scottish independence will be held on 18 September, with voters being asked the Yes/No question: "Should Scotland be an independent country?" | The referendum on Scottish independence will be held on 18 September, with voters being asked the Yes/No question: "Should Scotland be an independent country?" |
In a statement made in Edinburgh on Thursday morning, Mr Osborne said: "If Scotland walks away from the UK, it walks away from the UK pound." | In a statement made in Edinburgh on Thursday morning, Mr Osborne said: "If Scotland walks away from the UK, it walks away from the UK pound." |
It came after the most senior civil servant at the Treasury, Sir Nicholas Macpherson, said currency unions were "fraught with difficulty". | |
Sir Nicholas "strongly" advised against a currency union with an independent Scotland "as currently proposed". | Sir Nicholas "strongly" advised against a currency union with an independent Scotland "as currently proposed". |
The Scottish government has argued that keeping the pound and the services of the Bank of England as part of a currency union under independence made sense for both Scotland and the rest of the UK. | The Scottish government has argued that keeping the pound and the services of the Bank of England as part of a currency union under independence made sense for both Scotland and the rest of the UK. |
But Mr Osborne, Labour shadow chancellor Ed Balls and Lib Dem Chief Secretary to the Treasury Danny Alexander all said they could not recommend such a plan. | But Mr Osborne, Labour shadow chancellor Ed Balls and Lib Dem Chief Secretary to the Treasury Danny Alexander all said they could not recommend such a plan. |
'New tax' | 'New tax' |
Speaking to the BBC's Newsnight programme, Mr Salmond said the three pro-union politicians were guilty of "bluff because what they say now and what they say the day after a 'yes' vote are two entirely different things. | Speaking to the BBC's Newsnight programme, Mr Salmond said the three pro-union politicians were guilty of "bluff because what they say now and what they say the day after a 'yes' vote are two entirely different things. |
"Bluster because we are expected to believe that the Osborne idea is to tell business in England next year at the UK general election that he wants to impose a new tax on them of several hundred million pounds for the privilege of exporting their goods to Scotland. | "Bluster because we are expected to believe that the Osborne idea is to tell business in England next year at the UK general election that he wants to impose a new tax on them of several hundred million pounds for the privilege of exporting their goods to Scotland. |
"And bullying because the days of Westminster politicians dictating to Scotland are over. In fact one of my predecessors, former First Minister Henry McLeish, who is still a 'No' voter at this stage, has described it as threatening behaviour. | "And bullying because the days of Westminster politicians dictating to Scotland are over. In fact one of my predecessors, former First Minister Henry McLeish, who is still a 'No' voter at this stage, has described it as threatening behaviour. |
"So I think it will backfire spectacularly on the unionist politicians involved". | "So I think it will backfire spectacularly on the unionist politicians involved". |
One of the concerns raised by Sir Nicholas in his advice to Mr Osborne was that an independent Scotland might only take sterling for a short period of time. | One of the concerns raised by Sir Nicholas in his advice to Mr Osborne was that an independent Scotland might only take sterling for a short period of time. |
But Sir Nicholas suggested that, if an independent Scotland committed to a longer-term currency union, his advice might be different. | But Sir Nicholas suggested that, if an independent Scotland committed to a longer-term currency union, his advice might be different. |
When asked whether he would commit to taking sterling for 40 or 50 years, Mr Salmond said the Scottish government would be "very happy indeed" to negotiate the guidelines for a currency union now, but said Whitehall had "refused to pre-negotiate on anything". | When asked whether he would commit to taking sterling for 40 or 50 years, Mr Salmond said the Scottish government would be "very happy indeed" to negotiate the guidelines for a currency union now, but said Whitehall had "refused to pre-negotiate on anything". |
Mr Salmond said the Scottish government continued to propose that an independent Scotland should assume a share of both the assets and the debts of the UK. | Mr Salmond said the Scottish government continued to propose that an independent Scotland should assume a share of both the assets and the debts of the UK. |
Speaking in Edinburgh on Thursday, Mr Osborne said: "The pound isn't an asset to be divided up between two countries after a break-up like a CD collection." | Speaking in Edinburgh on Thursday, Mr Osborne said: "The pound isn't an asset to be divided up between two countries after a break-up like a CD collection." |
In his own statement, Mr Alexander called on the Scottish government to set out an alternative currency proposal. | In his own statement, Mr Alexander called on the Scottish government to set out an alternative currency proposal. |
And Mr Balls added: "Alex Salmond is saying to people that you can have independence and keep the pound and the Bank of England - that is not going to happen". | And Mr Balls added: "Alex Salmond is saying to people that you can have independence and keep the pound and the Bank of England - that is not going to happen". |