Chancellor Warns of Scotland Currency Union Issues

The transcript discusses the Chancellor's address on the implications of Scottish independence on currency sharing. He argues against a currency union, citing economic and political challenges. The Scottish nationalists respond robustly, emphasizing the importance of financial matters in the independence debate. The Chancellor's stance is part of a broader campaign against Scottish independence, highlighting the risks of an independent Scotland without the pound.

What was the main warning given by the Chancellor regarding Scotland's potential independence?

• Scotland would have to adopt a new flag.

• Scotland would face military isolation.

• Scotland would not be able to share the pound.

• Scotland would lose access to the European Union.

Why did the Chancellor argue against a currency union with an independent Scotland?

• It would strengthen the Euro.

• It would not be economically viable.

• It would create political instability.

• It would lead to increased tourism.

What did the Chancellor suggest about countries with direct control over monetary policy?

• They have no impact on economic stability.

• They handle economic crises better.

• They are more vulnerable to economic crises.

• They should avoid currency unions.

How did the Scottish nationalists respond to George Osborne's intervention?

• They decided to change their campaign strategy.

• They provided a strong counterargument.

• They ignored his statements.

• They agreed with his points.

According to recent polls, what is the most important issue for Scots in deciding how to vote?

• Healthcare reforms

• Cultural identity

• Financial matters

• Environmental policies