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:
More top news
Garlieston, Ae and Kirkbean schools are facing closure due to student numbers of less than 50% capacity.
Officers were contacted after a man in his fifties attended a bank to withdraw £5,000 for roofing work and staff became concerned.
People in the Borders are being for their views on how the transport network could be improved for road, rail, bus, bikes and pedestrians.