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Which currency would an independent Scotland use?

Alex Salmond will have critical decisions on Scotland's economy to make should Scotland become independent

If Scotland holds a referendum and votes for independence there are a number of difficult economic decisions that would face leaders on both sides of the border.

RBS issues special £10 note to celebrate Queen's Golden Jubilee

The new RBS £10 note celebrating the Queen's Golden Jubilee

The Royal Bank of Scotland has issued a commemorative £10 note to celebrate the Queen's Golden Jubilee, drawing on royal links to the Scottish bank.

Inflation falls to 26 month low paving way for more QE

Inflation has fallen to its lowest level for 26 months

The consumer prices index (CPI) measure of inflation has fallen to a 26-month low and could pave the way for a resumption of quantitative easing, analysts say.

BoE's King bows to pressure and agrees to three separate probes

The Bank of England is to be investigated over its handling of the financial crisis

The Bank of England is to undergo three separate investigations into its handling of the financial crisis, its forecasting record and its support to the banking sector.

Tax Commission calls for 30% flat tax rate on income and capital

The 2020 Tax Commission is calling for changes to the UK tax system

A new report by the 2020 Tax Commission says that a flat rate of 30 per cent tax on both income and capital will raise GDP over 15 years and end the UK's "punitive" tax system.

G8 summit ends with pledge for eurozone focus on jobs and growth

US President Barack Obama ended the G8 summit urging the eurozone to focus on jobs and growth

The G8 summit has ended with US President Obama urging the eurozone to focus on jobs and growth.

Posen to step down from Bank of England in the summer

B of E MPC member Adam Posen admits he may have been hasty in changing his vote on more QE

Adam Posen, a member of the Bank of England's Monetary Policy Committee will leave his position in the summer and admits he may have been wrong to switch his vote in April to a no for more QE.

UK household wealth up by £2.36 trillion since 2001

House price increases have contributed to the total increase in UK household wealth, say Lloyds

The combined increase in wealth enjoyed by the UK as a whole has reached £2.36 trillion, mainly due to the rise in house prices, new research from Lloyds says.


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