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Row over bank boss's union speech Row over bank boss's union speech
(4 days later)
The governor of the Bank of England has sparked a political row by praising Scotland's union with England as "successful and prosperous".The governor of the Bank of England has sparked a political row by praising Scotland's union with England as "successful and prosperous".
Mervyn King used the annual Adam Smith lecture in Kirkcaldy to praise the status quo and pay tribute to Chancellor Gordon Brown.Mervyn King used the annual Adam Smith lecture in Kirkcaldy to praise the status quo and pay tribute to Chancellor Gordon Brown.
SNP leader Alex Salmond said public servants were not supposed to get embroiled in political controversy.SNP leader Alex Salmond said public servants were not supposed to get embroiled in political controversy.
Labour's George Foulkes said the SNP's "insularity" was "breathtaking".Labour's George Foulkes said the SNP's "insularity" was "breathtaking".
During his speech, which took place in Mr Brown's constituency and was introduced by the chancellor, the governor said: "Next year we celebrate the tercentenary of the Act of Union, an act strongly supported by Adam Smith.During his speech, which took place in Mr Brown's constituency and was introduced by the chancellor, the governor said: "Next year we celebrate the tercentenary of the Act of Union, an act strongly supported by Adam Smith.
Constitutional optionConstitutional option
"And we now have a successful and prosperous union between our two countries with a common monetary institution which embodies the ideas, not only of Adam Smith and his great friend David Hume, but also of the key principles that should govern institutional design.""And we now have a successful and prosperous union between our two countries with a common monetary institution which embodies the ideas, not only of Adam Smith and his great friend David Hume, but also of the key principles that should govern institutional design."
Mr Salmond said that independence was now the most popular constitutional option for Scotland.Mr Salmond said that independence was now the most popular constitutional option for Scotland.
He said: "It is a sign of panic in the breastie of Gordon Brown that basically he arranges for the governor of the Bank of England, a public servant, to get embroiled in politics."He said: "It is a sign of panic in the breastie of Gordon Brown that basically he arranges for the governor of the Bank of England, a public servant, to get embroiled in politics."
Mervyn King is one of the most respected economists and bankers in the world George FoulkesScottish LabourMervyn King is one of the most respected economists and bankers in the world George FoulkesScottish Labour
The SNP leader added: "The future of the union is a matter of political controversy.The SNP leader added: "The future of the union is a matter of political controversy.
"It is the first code of public service that you don't get yourself embroiled in political controversy.""It is the first code of public service that you don't get yourself embroiled in political controversy."
He said the impartiality of the civil service was at stake.He said the impartiality of the civil service was at stake.
Mr Foulkes, vice-chairman of Labour's Holyrood election campaign, said the Nationalists' reaction was astonishing.Mr Foulkes, vice-chairman of Labour's Holyrood election campaign, said the Nationalists' reaction was astonishing.
He said: "Mervyn King is one of the most respected economists and bankers in the world, in charge of the Bank of England, which this Labour government made independent.He said: "Mervyn King is one of the most respected economists and bankers in the world, in charge of the Bank of England, which this Labour government made independent.
"They cannot take on his arguments or answer his analysis, so instead they attack him for his nationality.""They cannot take on his arguments or answer his analysis, so instead they attack him for his nationality."