Motion to Take Note

Part of The Economic Implications for the United Kingdom of Scottish Independence – in the House of Lords at 6:02 pm on 26 June 2013.

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Photo of Lord Forsyth of Drumlean Lord Forsyth of Drumlean Conservative 6:02, 26 June 2013

I am most grateful to the noble Earl for giving way. Where in the report is there any suggestion that there would be hostility towards an independent Scotland? The report goes out of its way to avoid any language of that kind. Surely the noble Earl is not suggesting that it is hostile to say that if Scotland became independent it could not expect the Bank of England to look after its interests. That is a matter of fact, not of hostility or gentility.