The governor of the Bank of England warned yesterday that a currency union between the UK and an independent Scotland would be “incompatible with sovereignty”, in a marked hardening of his position against sharing the pound.
Markets have been rattled by two polls this week that showed a surge in support for a break-up of the 300-year union. with both sides running neck and neck ahead of next week’s referendum.
Mark Carney cited the problems with the eurozone as he told a trade union gathering in Liverpool that all three main parties in Westminster had ruled out currency union between an independent Scotland and the rest of the UK – the preferred vision of the leader of the independence movement, Alex Salmond.