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May 25, 2018 Blog, Media, Videos

New independence blueprint a ‘cuts commission’ – Leonard

Labour has branded the SNP’s latest blueprint for independence a ‘cuts commission’ as it recommends a decade of unprecedented austerity.

The commission suggests a Scotland outside of the UK would retain sterling – known as ‘sterlingisation’ - leaving Scotland with no control over monetary policy and the value of wages, rent and mortgages, and the risk of no lender of last resort.

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