An independent Scotland could lose the pound - that was the warning from the Chancellor George Osborne as he launched a new treasury report today.
The Scottish Government says it wants to create a currency union with the rest of the UK if Scots vote 'yes' in the referendum next year.
However, Mr Osbourne cast doubt on the idea that a deal could be struck and warned Scotland could be heading into 'unchartered waters.'
Kathryn Samson reports:
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A look ahead at another wintry day.
We're showing some of the best weather photos, after Cumbria and the South of Scotland were hit by heavy snow.
Winter is back with weather warnings in place across the region. Ross has the details: