No ‘credible’ central bank plan for Scotland amid £15bn deficit, says St Andrews professor

© SuppliedA St Andrews professor says there is "no conceivable arrangement for monetary policy in an independent Scotland which is credible when there is a fiscal deficit of 10% of GDP".
A St Andrews professor says there is "no conceivable arrangement for monetary policy in an independent Scotland which is credible when there is a fiscal deficit of 10% of GDP".

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