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| Scottish independence: Alex Salmond to 'deconstruct' Osborne's refusal to shared pound | Scottish independence: Alex Salmond to 'deconstruct' Osborne's refusal to shared pound |
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| Alex Salmond has vowed to "deconstruct" the chancellor's refusal to sharing the pound with an independent Scotland in a speech to business leaders later today. | Alex Salmond has vowed to "deconstruct" the chancellor's refusal to sharing the pound with an independent Scotland in a speech to business leaders later today. |
| The First Minister is set to attack George Osborne's position on the matter as "misinformed" and "ill-thought-out" after the chancellor rejected calls for a formal currency union with the rest of the UK. | The First Minister is set to attack George Osborne's position on the matter as "misinformed" and "ill-thought-out" after the chancellor rejected calls for a formal currency union with the rest of the UK. |
| The SNP leader has accused Westminster of "bullying" and using "anti-democratic" tactics after all three main parties ruled out a go-it-alone Scotland being able to carry on using the pound. | The SNP leader has accused Westminster of "bullying" and using "anti-democratic" tactics after all three main parties ruled out a go-it-alone Scotland being able to carry on using the pound. |
| Salmond said: "The reality is the pound is as much Scotland's as the rest of the UK. By suggesting otherwise, the Westminster establishment - Tories, Labour and Lib Dems - are reaping a backlash from the ordinary people of Scotland, who feel this is an attempt to bully Scotland ahead of the democratic choice we all look forward to this September. | Salmond said: "The reality is the pound is as much Scotland's as the rest of the UK. By suggesting otherwise, the Westminster establishment - Tories, Labour and Lib Dems - are reaping a backlash from the ordinary people of Scotland, who feel this is an attempt to bully Scotland ahead of the democratic choice we all look forward to this September. |
| "I will be deconstructing the chancellor's ill-thought-out and misinformed intervention point-by-point, making clear why a currency union not only favours Scotland but is in the clear economic interests of the UK as well." | "I will be deconstructing the chancellor's ill-thought-out and misinformed intervention point-by-point, making clear why a currency union not only favours Scotland but is in the clear economic interests of the UK as well." |
| Salmond was left facing a new policy setback after Jose Manuel Barroso, president of the European Commission, warned that it would be "extremely difficult, if not impossible" for an independent Scotland to join the union. | Salmond was left facing a new policy setback after Jose Manuel Barroso, president of the European Commission, warned that it would be "extremely difficult, if not impossible" for an independent Scotland to join the union. |
| Speaking to the BBC, Barroso highlighted that countries like Spain- which is also facing demands for independence from Catatonia and Basque nationalists- would likely veto its entry. | |
| An independent Scotland would have to apply for EU membership which must be upheld by all member states. Senior Scottish National Party figures described his claims as "preposterous" and "nonsense". | An independent Scotland would have to apply for EU membership which must be upheld by all member states. Senior Scottish National Party figures described his claims as "preposterous" and "nonsense". |