- An independent Scotland would immediately seek to rejoin the EU but would retain the British pound, the Scottish government has promised.
- While an independent Scotland would immediately create a Scottish central bank and debt management office, it would keep the UK currency “until the time is right to move to a Scottish pound,” effectively ruling out the prospect of joining the euro, as is expected of prospective EU members.
- The UK Supreme Court is currently conducting hearings into whether the Scottish government has the legal powers to press ahead with a referendum without the consent of Westminster, with the Scottish government contending that since a vote would be advisory rather than legally binding, it does not require consent.
Independent Scotland would seek EU membership but keep pound
