Bank Of England News Page 2.html
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Keeping pound has restrictions for Scottish independence
3 Feb at 12 PM
News Item Link: Keeping pound has restrictions for Scottish independence
An independent Scotland is likely to be more constrained economically, suggests a new study.
The National Institute of Economic and Social Research believes that keeping the pound is the “sensible” option, but that a currency union will impede fiscal policy, reports the BBC.
The Scottish government used the report to back up its...
Pound climbs slightly against dollar
26 Jan at 6 PM
News Item Link: Pound climbs slightly against dollar
The pound clawed back some losses against the dollar on Wednesday, as investors waited on the conclusion of the Federal Reserve meeting.


The pound decreased to the session low of 1.5534 against the greenback when data showed that UK GDP shrank more than was predicted in the final quarter of 2011 – down 0.2 per...