Bank governor Mark Carney enters Scottish independence debate

Laura Miller
clock

The Bank of England governor will enter the Scottish independence debate by reflecting on the currency implications of a "Yes" vote in the referendum.

Mark Carney's (pictured) speech in Edinburgh has come amid continuing speculation over the Scottish government's plan to keep the pound under independence. SNP ministers would also want to retain services of the Bank of England as part of a currency union, the BBC reports. The UK government has said such an agreement would be "unlikely". Mr Carney's visit comes ahead of the 18 September independence referendum, in which voters will be asked the yes/no question: "Should Scotland be an independent country?" In its White Paper blueprint for independence, the Scottish government sai...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock 30 April 2026 • 2 min read
Navigating an uncertain environment: Applying a disciplined, data-driven approach

Navigating an uncertain environment: Applying a disciplined, data-driven approach

'​Looking ahead, the fundamental case remains constructive'

Fahad Hassan
clock 28 April 2026 • 2 min read
UK inflation rises to 3.3% in March as Iran conflict impacts fuel prices

UK inflation rises to 3.3% in March as Iran conflict impacts fuel prices

Motor fuel rose 4.7%

Michael Nelson
clock 22 April 2026 • 2 min read