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SpiceMan

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Posts posted by SpiceMan

  1. In most countries of the world the issue of banknotes is handled exclusively by a single central bank or government, but in the United Kingdom seven retail banks have the right to print their own banknotes in addition to the Bank of England; sterling banknote issue is thus not automatically tied in with one national identity or the activity of the state. The arrangements in the UK are unusual, but comparable systems are used in Hong Kong and Macao, where three and two banks respectively issue their own banknotes in addition to their respective governments.

    The Bank of England does act as a central bank in that it has a monopoly on issuing banknotes in England and Wales, and regulates the issues of banks in Scotland and Northern Ireland. Pounds issued by Crown Dependencies and other areas are regulated only by local governments and not the Bank of England.

    http://en.wikipedia.org/wiki/Banknotes_of_the_pound_sterling

  2. A yes vote would embolden the separatists in Northern Ireland who may resort to breaking the peace.

     

    There is some evidence that the 1 in 10 Scots who are Catholic fear independence because their freedom of religion would not be guaranteed by the Scottish Protestant majority.

  3. In UK national elections the Scots always return Labour party MPs. Currently the Conservatives have only 1 out of 19 seats. But because the south east of England is more populous the Scots usually end up with a Conservative government. David Cameron with his austerity for the sake of it and unpopular policies like the bedroom tax has alienated the Scots and driven them to seek independence. There is a long history of London based Conservative governments treating the Scots like dirt. Margaret Thatcher introduced the hated poll tax in Scotland a year before the rest of the UK had to suffer it, even though most Scottish seats were Labour at the time.

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