Tuesday, 19 Nov 2024

Nicola Sturgeon snub: How John Major slated SNP’s ‘incompetent’ currency policies

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Scotland’s First Minister Ms Sturgeon has been vocal in how she intends to steer Scotland away from the rest of the UK in its handling of the pandemic. Apparently her party, the Scottish National Party (SNP), is preparing a renewed case for Scottish independence to be released when the pandemic draws to an end, according to a recent investigation from The Times. The first referendum of 2014 saw 55 percent of the Scottish population vote in favour of remaining part of the UK, with 44 percent voting in line with the SNP.

However, Ms Sturgeon has suggested ever since the 2016 EU referendum that the situation has changed and therefore another vote is necessary.

Yet back in 2014, former Prime Minister Sir John Major pointed out a major flaw in her party’s plan.

He said: “There are some people, I think, who haven’t focused and realised all the implications.

“What’s going to be the position of Scotland in an unknown number of years, I don’t know how many, when the oil runs out and becomes a trickle?

“It’s going to affect young people who are voting in this election. They need to consider that.

“They will also need to consider joining a currency union.

“I think by now they should realise that they can’t.

“That’s an extraordinary proposition.”

Mr Major then asked former Today programme host John Humphrys what currency Scotland would use.

Mr Humphrys said: “Well, of course I can’t — they [the Scots] will decide.”

Mr Major continued: “It’s one week away from the vote, and the people of Scotland do not know what currency they would have.

“I’ve never known such incompetence!”

Ms Sturgeon became leader of the SNP and First Minister after Alex Salmond stepped down, following the results of the 2014 vote.

She faced the same questions regarding an independent Scotland’s hypothetical new currency in November, in the run-up to the general election.

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When pressed by the BBC’s Andrew Neil, Ms Sturgeon said the nation would continue to use the pound but without a monetary union, even if Brexit went ahead.

She has also emphasised that an independent Scotland would still be applying to join the European Union, as 59 percent of the electorate voted to remain with the bloc.

The Spectator explained at the time: “Sturgeon is saying that Scotland would be applying to join the EU while using a third country’s currency without a monetary union.

“It is hard to see how this position would be compatible with EU membership.”

The Spectator’s James Forsyth added: “[The Andrew Neil interview] suggested both that the SNP hasn’t worked out how to make the economic case for independence post Brexit and that its own domestic record is, finally, beginning to catch up with it.”

Scotland also has one of the largest deficits in Europe, which will be a major sticking point if the EU were to consider taking it on as a member.

Additionally, many think an independent Scotland may have to adopt the euro to aid the single market.

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