A Scottish Currency in an Independent Scotland
Zoom video by Tim Rideout. Timetable for introduction of Scottish Pound post independence. What will happen to my wages and bank account, and pension.
Can Scotland have an independent banking system?
People are concerned to know what banking will be like after independence.
The need for an independent banking system
With independence Scotland will need to set up a banking system. is an opportunity to redesign the banking system to protect Scottish citizens from the economic fallout of a banking crisis. It is both possible and desirable for Scotland to have an independent banking system to invest in its productive capacity, and to provide financial services to local communities.
Let’s get Scotland’s banking right
Alternative Published Date
2021
Fast Facts
Policies to get banking oriented to customer benefit rather than profit. Pointers on how to establish and run a Scottish Central Bank.
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SETTING UP A SCOTTISH BANKING SYSTEM
Alternative Published Date
2020
Fast Facts
A Scottish central bank will need to be set up to oversee the creation of a new Scottish currency. It will be the competent authority providing regulatory oversight of the banking system.
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Let’s get Scotland’s banking right
Alternative Published Date
2020
Fast Facts
Banking has lost its way, forgetting that it should be serving its customers and not exploiting them. But a mutually-owned People’s Bank can change this.
Video: 2:09 minutes
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Paying Our Way: The Case For A Scottish Payment System
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Fast Facts
Considering only the retail sector, £80 million is removed from the Scottish economy each year in the form of transaction charges skimmed from ATM withdrawals, debit/credit card payments and other forms of transaction like Paypal and internet transfers.
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An Investment-Led Economic Development Framework For An Independent Scotland
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Fast Facts
he UK’s model of economic development is based on a unproductive sectors which generate vast profits through four particular methods – financial speculation, asset value inflation, debt-fuelled consumption, and concentration and monopoly.
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Submission on the Scottish National Investment Bank
Date Published
Fast Facts
A Consultation Submission to the Scottish Parliament’s Economy, Energy and Fair Work Committee asked for expert submissions on the ongoing work to establish a Scottish National Investment Bank.
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Investment in Scotland: A Common Weal Approach
Alternative Published Date
Septtember 2014
Fast Facts
― Taking a look at UK debt over the long-term shows that it is historically at a very low level. It is also incorrect to claim that we cannot afford the interest on debt.
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