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Currency union 'not in Scotland's interests', says: Alistair Darling

A formal currency union would not be in the interests of an independent Scotland, the leader of the campaign to keep the United Kingdom together has said, stepping up pressure on nationalist plans to keep the pound.

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Alistair Darling ruled out a currency union.
Reuters

A formal currency union would not be in the interests of an independent Scotland, the leader of the campaign to keep the United Kingdom together has said, stepping up pressure on nationalist plans to keep the pound.

With just over five weeks to go until the September 18 independence referendum, uncertainty over what currency would be used if Scotland leaves the United Kingdom remains a major campaign issue.

Britain's three main political parties have ruled out a formal currency union, but Scottish nationalist leader Alex Salmond has said that Scotland "cannot be stopped from keeping the pound".

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However, Alistair Darling, a former Labour finance minister who heads the Better Together campaign, again ruled out a formal union. "It's quite clear that there's not going to be a currency union. It's not in Scotland's interest, it's not in the interests of the rest of the UK, so with five weeks to go we need to know what plan B is," Darling said.

Darling is seeking to capitalise on his strong performance in a televised debate last week, which was largely dominated by the currency issue.

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A survey by pollsters Survation published on Saturday in the Scottish Daily Mail said 50 per cent planned to vote against independence, 37 per cent supported a split and 13 per cent were undecided.

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