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Scotland’s First Minister Alex Salmond has been smacked down by leaders at Westminster for saying Scotland could retain the pound if it secedes from the U.K.
Scotland’s First Minister Alex Salmond has been smacked down by leaders at Westminster for saying Scotland could retain the pound if it secedes from the U.K.
(DAVID MOIR/REUTERS)

No pound for you: U.K. gives Scotland ultimatum

“Ganging up to bully Scotland” raged Alex Salmond, the Scottish Nationalist Leader, and it certainly looked a bit like that in Westminster today.

A London triumvirate led by George Osborne, the Chancellor of the Exchequer, his Liberal Democrat deputy, Danny Alexander, and Labour’s shadow chancellor, Ed Balls, stepped up to the podium to collectively trash the SNP’s proposal of a post-independence currency union between Scotland and the U.K. “If Scotland walks away from the U.K., it walks away from the U.K. pound,” said Mr Osborne, while his Labour opponent chimed in, suggesting that currency union “will never happen”.