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Does anyone here believe we can't use the pound?


gazelle

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Is it just me that thinks that the depth of political talent in Scotland is akin to a puddle?

No, I've made this point before. It's awful.

There's Scottish Labour for example, in its entirety, or even some of the SNP front bench. I mean look at that Fiona Hyslop mess. Or McAskill.

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Bank of England denies holding currency union talks with Scottish government
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James Phillipps on: 15 Aug 2014 07:00

The Bank of England has refuted Scottish finance minister John Swinney’s claim that the Scottish government is having technical discussions with the Bank over proposals about future monetary arrangements north of the border ahead of the independence vote.

Following Bank of England governor Mark Carney’s comments on Wednesday about contingency plans around the future of the Scottish currency, Swinney said: ‘The Scottish government has had technical discussions with the Bank of England regarding our proposal for a currency union and we welcome their continued acknowledgement that the Bank will introduce whatever the politicians decide.’

However, the Bank categorically denied this yesterday, saying it is up for Westminster and the Scottish parliament to negotiate the design of any changes to UK monetary and financial arrangements.

‘The Bank notes the comments made by the finance cecretary of the Scottish government regarding technical discussions between officials of the Scottish government and the Bank of England,’ a spokesman said in a statement.

‘To be clear, consistent with its statement in December 2012, the Bank of England has not entered into discussions with representatives of the Scottish government about proposals for future monetary arrangements in Scotland.

‘As the governor said [on Wednesday], the design of any changes to UK monetary and financial arrangements would ultimately be a matter for negotiation between the Westminster and Scottish parliaments. The Bank of England will deliver whatever remit it is given.’

The Bank clarified that it has only answered technical questions from representatives of the Scottish government and added: ‘We have not entered a dialogue about the possibility of changing monetary arrangements for Scotland in future.’

Indeed, Carney was loath to discuss contingency plans when speaking at the release of the Bank’s quarterly inflation report this week, although he said it has plans in place for ‘various possibilities’.

So there is all the clarity you need. SG asks technical questions the bank of england answer. This in the opinion of the BOE does not constitute discussion???

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If it was in any way true the MSM would be all over it like a rash. They aren't so it isn't. Even Sally Magnusson corrected Darling to say that the SG had had technical discussions. Someone at the BoE needs their arse felt. Or, for conspiracy theorists, it clearly wasn't really from the BoE at all, aaaaaaaah.

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If it was in any way true the MSM would be all over it like a rash. They aren't so it isn't. Even Sally Magnusson corrected Darling to say that the SG had had technical discussions. Someone at the BoE needs their arse felt. Or, for conspiracy theorists, it clearly wasn't really from the BoE at all, aaaaaaaah.

Good post but with one fundamental error. The one who should get her "arse felt" is Oor Sally. And by me. Aside from that, carry on with the rest of the thread ;)

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Mr Swinney: "The Scottish Government has had technical discussions with the Bank of England regarding our proposal for a currency union and we welcome their continued acknowledgement that the bank will introduce whatever the politicians decide."

Bank of England: "The Bank notes the comments made by the finance secretary of the Scottish Government regarding technical discussions between officials of the Scottish Government and the Bank of England.

"To be clear, consistent with its statement in December 2012, the Bank of England has not entered into discussions with representatives of the Scottish Government about proposals for future monetary arrangements in Scotland.

"As the Governor said yesterday, the design of any changes to UK monetary and financial arrangements would ultimately be a matter for negotiation between the Westminster and Scottish Parliaments. The Bank of England will deliver whatever remit it is given."

This would suggest Swinney was lying. The following statement from the Scottish government where there is no mention of currency union would also suggest Swinney was lying. "The Scottish Government has had ongoing technical discussions with the Bank of England, as the Bank itself has previously confirmed.

"These technical discussions were inaugurated by former governor Mervyn King and continued under the current governor, Mark Carney, as confirmed in the statement issued after the meeting between the First Minister and Mr Carney on January 29 this year, which was agreed by the Bank.

"We have always made clear that these are technical discussions and not negotiations, and that we respect the neutrality and independence of the Bank, which had made clear it will implement whatever is agreed."

Lying and failing to acknowledge it and apologise for it is disgraceful. It is not unusual for a politician unfortunately.

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Mr Swinney: "The Scottish Government has had technical discussions with the Bank of England regarding our proposal for a currency union and we welcome their continued acknowledgement that the bank will introduce whatever the politicians decide."

Bank of England: "The Bank notes the comments made by the finance secretary of the Scottish Government regarding technical discussions between officials of the Scottish Government and the Bank of England.

"To be clear, consistent with its statement in December 2012, the Bank of England has not entered into discussions with representatives of the Scottish Government about proposals for future monetary arrangements in Scotland.

"As the Governor said yesterday, the design of any changes to UK monetary and financial arrangements would ultimately be a matter for negotiation between the Westminster and Scottish Parliaments. The Bank of England will deliver whatever remit it is given."

This would suggest Swinney was lying. The following statement from the Scottish government where there is no mention of currency union would also suggest Swinney was lying. "The Scottish Government has had ongoing technical discussions with the Bank of England, as the Bank itself has previously confirmed.

"These technical discussions were inaugurated by former governor Mervyn King and continued under the current governor, Mark Carney, as confirmed in the statement issued after the meeting between the First Minister and Mr Carney on January 29 this year, which was agreed by the Bank.

"We have always made clear that these are technical discussions and not negotiations, and that we respect the neutrality and independence of the Bank, which had made clear it will implement whatever is agreed."

Lying and failing to acknowledge it and apologise for it is disgraceful. It is not unusual for a politician unfortunately.

Indeed. It's a total f**k-up by Swinney.

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Any No voters who seriously think that John Swinney would come out in public and say "The Scottish Government has had technical discussions with the Bank of England regarding our proposal for a currency union" without, y'know, having technical discussions with the Bank of England regarding a proposal for a currency union are basically stupid.

But then, they're No voters, so go figure.

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Any No voters who seriously think that John Swinney would come out in public and say "The Scottish Government has had technical discussions with the Bank of England regarding our proposal for a currency union" without, y'know, having technical discussions with the Bank of England regarding a proposal for a currency union are basically stupid.

But then, they're No voters, so go figure.

The SNP have previous for this.

Nicola Sturgeon told us that iScotland would inherit membership of the EU as of right, on the same terms as the UK currently enjoys. This was of course a lie.

Salmond said on TV that they had received legal advice. That was of course a lie.

The SNP lie regularly, in public.

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The SNP have previous for this.

Nicola Sturgeon told us that iScotland would inherit membership of the EU as of right, on the same terms as the UK currently enjoys. This was of course a lie.

Salmond said on TV that they had received legal advice. That was of course a lie.

The SNP lie regularly, in public.

You're having a bit of a 'mare today aren't you? You may want to think about going back to bed. Here's your next post, just copy and paste it'll save you typing it:

"Do you deny the SNP lie in public? Yes or no?"

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So there is all the clarity you need. SG asks technical questions the bank of england answer. This in the opinion of the BOE does not constitute discussion???

That's not a discussion though.

discussion

Pronunciation: /dɪˈskʌʃ(ə)n  /

Origin

Middle English (denoting judicial examination): via Old French from late Latin discussio(n-), from discutere 'investigate' (see discuss).

[NOUN]

The action or process of talking about something in order to reach a decision or to exchange ideas.

Asking a question and getting a response is not an exchange of ideas and certainly isn't TALKING about something.

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Any No voters who seriously think that John Swinney would come out in public and say "The Scottish Government has had technical discussions with the Bank of England regarding our proposal for a currency union" without, y'know, having technical discussions with the Bank of England regarding a proposal for a currency union are basically stupid.

But then, they're No voters, so go figure.

You really should stop the arrogance and insults.

If you genuinely believe that people with a different view from you are stupid you should seek help.

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You really should stop the arrogance and insults.

If you genuinely believe that people with a different view from you are stupid you should seek help.

Tbf, half of my "insults" are tongue in cheek. But if it's insults you're after, there are plenty from the No side throwing them about. You may want to dig them up as well? I expect, in the interests of balance, you will.

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