Salmond currency plan dismissed by top bankers, Scottish Daily Express

They believe Mr Salmond’s claim that “nothing much will change” and the pound will stay after a “Yes” is a “huge deception”.

“The best way to keep the pound would be through a currency union like today,” said Sir Martin Jacomb, former chairman of Prudential, and Sir Andrew Large, former deputy governor of the Bank of England. This is not compatible with Scotland being politically independent, and is therefore not on offer,”

The robust intervention by two of the UK’s top bankers came as stock market analysts warned millions could be wiped off companies if Scots vote Yes.

The Tories, Labour and the Lib Dems have told Mr Salmond that there would be no currency union, but he dismissed that as “bluff and bluster.”

Jacomb and Large said: “Alex Salmond claims that nothing much will change, that threats otherwise are a bluff and would keep the pound sterling.

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Further Reading:

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Scotland could run out of cash just like Greece

Scottish Independence, a Vehicle for Alex Salmond's Grandiose Ego ?