ITV Border's Political Editor Peter MacMahon looks at a taxing question ahead of the Scottish independence vote in his latest blog.
In his latest blog our political editor discusses Salmond's trip to London after MPs have been discussing England's future post 'yes' vote.
ITV Border's Political Editor dissects the Prime Minister's independence speech.
First Minister Alex Salmond said Standard Life "will find Scotland a good place to do business" after the firm warned of contingency plans to relocate if an independent Scotland "were to threaten" its business.
Speaking during First Minister's Questions, Mr Salmond said: "That will happen first and foremost because of the excellence of the staff that's its prime asset.
"The Scottish Government puts forward the concept of a shared currency and regulatory framework, which is exactly the sort of thing that Standard Life have been calling for."
He asked, "Given the importance of Scotland as a good place which to run a business ... can this chamber not unite and have confidence that an independent Scotland and a Scotland under any constitutional framework will be exactly that?"
The Deputy Prime Minister has said Standard Life's announcement "doesn't surprise me" because of uncertainty over issues such as currency and EU membership of an independent Scotland.
Nick Clegg Clegg told BBC Radio 5 Live: "Because of the failure of the SNP to prepare for this moment and spell out what they mean by independence, it is no wonder that major employers are saying 'Maybe we can't continue with our presence north of the border'."
"I think it's right for businesses to answer questions for themselves about their own business and address themselves to their own workforce, because there are thousands of people who work for Standard Life who want to know 'What does it mean for my future..."
Standard Life's chief executive has said a number of issues related to Scottish independence "remain uncertain" as the firm confirmed it is considering plans to leave the country.
In a statement, David Nish said: "For this reason, we have engaged with key politicians and analysed the relevant papers published by both sides of the independence debate.
Mr Nish said "we believe a number of material issues remain uncertain", including:
- The currency that an independent Scotland would use
- Whether agreement and ratification of an independent Scotland’s membership to the European Union would be achieved by the target date (currently 24 March 2016)
- The shape and role of the monetary system
- The arrangements for financial services regulation and consumer protection in an independent Scotland
- The approach to individual taxation
The pensions and savings firm Standard Life has outlined contingency plans to leave Scotland if Scotland votes for independence and "if anything were to threaten" its business.
In a statement, chairman Gerry Grimstone said: "Scotland has been a good place from which to run our business and to compete around the world. We very much hope that this can continue.
"But if anything were to threaten this, we will take whatever action we consider necessary – including transferring parts of our operations from Scotland – in order to ensure continuity and to protect the interests of our stakeholders."
The firm said it has 189 years of "proud heritage" in Scotland.
Scottish First Minister Alex Salmond and Scottish Labour leader Johann Lamont have referenced David Bowie lyrics in the Scottish Parliament.
It comes after the pop star urged Scotland to "stay with us" in a message delivered through Kate Moss at last night's Brit Awards.
One of the country's top bankers is warning that an independent Scotland would need to take great care in order to keep the pound.
He told ITV Border a currency union would create risks for the UK economy.
Yesterday the three main political parties at Westminster categorically opposed Scotland retaining the pound after independence.
But now we're being told it could be successful, if Holyrood plans ahead.
Finola Miles reports.
One of the country's top bankers is warning that an independent Scotland would have to take great care if it tried to keep the pound.
The strategist from the Bank of America-Merrill Lynch told ITV Border a currency union would create risks for the UK economy.
Yesterday the three main political parties at Westminster categorically opposed Scotland retaining the pound after independence. But Dr Vamvakidis said it could be successful, if Holyrood planned ahead.
Scotland's Deputy First Minister has dismissed Chancellor George Osborne's warning that it would be walking away from the pound if it votes for independence as "campaign rhetoric".
Nicola Sturgeon told the BBC: "George Osborne wants people in Scotland to vote No. So do Ed Balls and Danny Alexander. They're entitled to that view, but what they are saying needs to be seen in the context of a campaign that wants to frighten and intimidate people in Scotland."
She added: Once Scotland votes, if we do vote democratically to be independent, we will look at what is in the best interests of Scotland and the rest of the UK.
"And there are some very strong, practical, hard-headed reasons why continuing to use the same currency is in the interests of people across the rest of the UK."
– Deputy Prime Minister Nick Clegg
The point that George Osborne and Danny Alexander, on behalf of my party, and Ed Balls, on behalf of the Labour Party, are making is that if you analyse what you need to make sure that a currency union is successful, it is very difficult to make that successful if you are pulling apart in so many other ways.
This is not to try to browbeat anybody. This is to say `Let's take a clear look at the facts. It's not an easy circle to square to say we are going to pull apart in one direction, but keep the currency in the other'.
The UK Treasury has published a further analysis of the SNP's proposed currency union in the event of Scotland voting for separation.
Chief Secretary to the Treasury Danny Alexander said: "As a Scot and as Liberal Democrat... on the basis of this analysis, I couldn't recommend a currency union to the people of Scotland and my party couldn't agree to such a proposition for the rest of the UK.
"The SNP now need to work out what their alternative currency proposal is and set it out openly.
"This isn't bluff, or bullying, it's a statement of fact. The SNP's claims that an independent Scotland could or should be able to share the pound are pure fiction.
"When we vote in September, no one in Scotland should vote for independence in the belief that we could keep the pound."