Scotland's hopes of keeping the pound if it becomes independent after a referendum later this year have been dealt a blow with Britain's three main political parties set to refuse a currency union, according to reports.
George Osborne, Danny Alexander and Ed Balls are all reportedly set to rule out Scotland keeping the pound if they become independent after the September vote.
The Bank of England Governor Mark Carney had previously warned that a newly-independent Scotland would not have complete economic independence from the rest of the UK if it wanted to keep the pound.
More top news
Lord Geoffrey Howe is known by many for his resignation speech which was seen as the catalyst which destroyed Margaret Thatcher.
This week daytime temperatures reached 19C. Next week we are expecting 13C by day and close to freezing at night.
Mainly dry and bright but a cold easterly wind developing