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Not to have a currency union with Scotland

Submitted on Tuesday 26th November 2013

Published on Friday 29th November 2013

Current status: Closed

Closed: Saturday 29th November 2014

Signatures: 48

Tagged with

England ~ Greece ~ Scotland ~ Tax ~ UK

Petition Action

Not to have a currency union with Scotland

Additional Information

Although the Bank of England is independent, it will end up the UK tax payer being the final guarantor of Scotland's debts. A similar example is Germany and Spain /Greece. Germany ended up paying for other countries debts. If Scotland gets into trouble as long as it has the pound the UK will be liable for its debts.


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