Scottish refendum stirs currency debate

Bank of England Governor says independent Scotland may have to give up some sovereignty if it wants to retain the Pound.

    Scotland votes in a referendum later this year on whether to become independent. But, its government has been told it may have to give up some sovereignty, if it wants to retain Britain's currency.

    The warning came from the Bank of England Governor, who is in Edinburgh. The pro-independence party is keen to keep the pound, if Scotland splits from the UK in a referendum September.

    Al Jazeera's Paul Brennan has more from Edinburgh.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The peace games: Dreaming big for South Sudan's youth

    The peace games: Dreaming big for South Sudan's youth

    A relatively new independence and fresh waves of conflict inspire a South Sudanese refugee to build antiwar video games.