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London currency threat to Scotland ‘monumental error’

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Scottish First Minister Alex Salmond was on Tuesday to warn Chancellor George Osborne that he will rue his threat to cut an independent Scotland off from the sterling zone.

The SNP leader was to call the warning a "monumental error" at a lecture hosted by the New Statesman in London.

"In the last three weeks people in Scotland have seen an array of approaches from the UK government -- what they apparently call their Dambusters strategy," he was to say.

"We were love-bombed from a distance by David Cameron, then dive-bombed at close range by George Osborne.

"I believe George Osborne's speech on sterling three weeks ago, his sermon on the pound, will come to be seen as a monumental error."

Scots go to the polls on September 18 to decide whether to end their 300-year union with the rest of Britain.

Scottish First Minister Alex Salmond was on Tuesday to warn Chancellor George Osborne that he will rue his threat to cut an independent Scotland off from the sterling zone.

The SNP leader was to call the warning a “monumental error” at a lecture hosted by the New Statesman in London.

“In the last three weeks people in Scotland have seen an array of approaches from the UK government — what they apparently call their Dambusters strategy,” he was to say.

“We were love-bombed from a distance by David Cameron, then dive-bombed at close range by George Osborne.

“I believe George Osborne’s speech on sterling three weeks ago, his sermon on the pound, will come to be seen as a monumental error.”

Scots go to the polls on September 18 to decide whether to end their 300-year union with the rest of Britain.

AFP
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