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Chancellor rules out currency union with Scotland

If Scotland "walks away" from the UK it would also be walking away from the pound, the Chancellor has said. George Osborne issued the stark warning to voters north of the border ahead of September's independence referendum.

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Clegg backs Osborne's Scotland currency union stance

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'.

– Deputy Prime Minister Nick Clegg

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