Scottish Independence (Currency)

– in the Scottish Parliament at on 7 March 2019.

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Photo of Jackson Carlaw Jackson Carlaw Conservative

1. Scotland does not want to be in a separate currency. Does the First Minister agree?

Photo of Nicola Sturgeon Nicola Sturgeon Scottish National Party

Scotland should have the ability to choose the arrangements on currency, and everything else, that best suit our needs and interests. That is the very essence of independence, and it is why I and an increasing number of people in Scotland support Scotland becoming an independent country.

I am always delighted to talk about independence, but there is a constitutional issue that is more immediately pressing right now. In just 22 days—three weeks tomorrow—Scotland is due to be taken out of the European Union against our will. There is still no sign of an agreement on withdrawal issues, no guarantee of a transitional phase and no clarity on our future relationship. I give Jackson Carlaw another chance to say something that people might want to hear. Will he join me today in demanding that the Prime Minister stops asking people to choose between catastrophe and disaster, and instead takes a no-deal Brexit off the table now?

Photo of Jackson Carlaw Jackson Carlaw Conservative

It is the First Minister’s own deputy leader who has raised the issue of currency this week.

“Scotland doesn’t want to be in a separate currency.”

The First Minister said that just a few short years ago, when she and her predecessor were telling us that it was Scotland’s pound and nobody was going to take it. Who would have thought that, five years on, the only people who want to take away Scotland’s pound are the Scottish National Party? This week, we have learned from the SNP’s deputy leader that its new plan is to ditch the pound and set up a completely new and untried currency.

So, First Minister, for any home owner who has a mortgage in pounds and, overnight, a salary paid in a new, untried currency, are mortgage payments going to go up or down?

The First Minister:

Until a democratically elected Scottish Parliament in an independent Scotland decided to change that, people would continue to use the pound, which of course is Scotland’s currency, just as it is the currency of anywhere else in the UK.

Jackson Carlaw confidently talks about what people in Scotland want. The way to determine what people in Scotland want is to allow them to choose in a referendum. The Tories are so scared that people would choose independence at the next time of asking that they want to block them having that choice. That is deeply anti-democratic.

I say to Jackson Carlaw that I am afraid that people watching this exchange today are thinking about what is due to happen three weeks tomorrow, so let me bring him back to the here and now. Three weeks tomorrow, this country is due to be taken out of the EU against our will. We still do not know whether there will be a transition phase and we do not know anything about the future relationship with the EU. That uncertainty could be removed today if the Prime Minister ruled out a no-deal Brexit. I will give Jackson Carlaw another opportunity. Will he join me today and call on the Prime Minister to end this uncertainty and rule out a no-deal Brexit at any time—yes or no?

Photo of Jackson Carlaw Jackson Carlaw Conservative

The problem is that this First Minister just does not listen. There is no majority support for a second independence referendum. If the currency were changed, here is what would happen. The Fraser of Allander institute made it clear on ITV Border this week that people would still be tied into mortgages or car loans, but they would be paying them off in an untried, unknown and as yet unnamed new currency—a clear risk of people paying more. That is the plan that the First Minister’s deputy leader launched this week.

Worse still, today we read in the papers that the First Minister’s deputy is also plotting another referendum on independence, no matter whether it is legal or not. Another independence referendum is the last thing that Scotland needs. Irrespective of the views of her errant deputy, will the First Minister rule out that divisive plan?

The First Minister:

The legal basis for the next independence referendum should be the same as the basis for the last independence referendum. We are talking about the issue only because of the disgracefully anti-democratic stance of the Conservatives, who refuse to recognise a mandate that was won at not just one but two elections and which was endorsed by this Parliament.

We can always tell when the Tories are in trouble, because pantomime Jackson Carlaw makes a reappearance. The face gets red and the arms get waved about.

People in Scotland will have ample opportunity to talk about the many benefits of becoming an independent country, but we do not have too much longer to sort out the mess of Brexit. Therefore, I will give Jackson Carlaw another opportunity. In 22 days—three weeks tomorrow, at midnight—Scotland is due to be taken out of the EU and we still do not know what will follow. That uncertainty can be taken away if a no-deal Brexit is ruled out. For once in his life, will Jackson Carlaw stand up to his bosses at Westminster and join me in demanding that the Prime Minister rules out a no-deal Brexit and that she does it now, with no further delay?

Photo of Jackson Carlaw Jackson Carlaw Conservative

The whole chamber knows that, in two short years, Ruth Davidson will be sitting where the First Minister sits today and a Scottish Conservative First Minister will be answering questions for a long time to come. [

Interruption

.]

Photo of Jackson Carlaw Jackson Carlaw Conservative

However, for the moment, this First Minister remains in office. According to its deputy leader, the SNP is preparing to launch a new currency, which would throw people’s mortgages and Scotland’s economy into chaos. According to her deputy leader—with whom she is now disagreeing publicly—the SNP plans to launch an illegal referendum within a matter of weeks.

Another week of the SNP showing that there is only one priority for this Government, and that is satisfying Nicola Sturgeon’s obsession with a second independence referendum. Enough is enough. [

Interruption

.]

Photo of Jackson Carlaw Jackson Carlaw Conservative

The First Minister should rule it out and let Scotland move on.

The First Minister:

At the start of that latest chapter in the pantomime, Jackson Carlaw had the good grace to laugh at himself, because he was being so utterly ridiculous. I was going to say that he had lost the plot, but I am not sure that he ever had the plot in the first place.

I will tell Jackson Carlaw that my obsession right now is saving Scotland from the disaster of a Tory Brexit. I do not know how Jackson Carlaw plans to spend the rest of his day. Let me tell him how I will be spending the rest of my day.

The First Minister:

Jackson Carlaw might want to listen to this. I will be chairing a meeting of the Scottish Government’s resilience committee. We will be looking at how—just three weeks from tomorrow—we can secure medicine supplies in Scotland and how we can secure food supplies, so that we can make sure that people in Scotland still have food on the table. We will be looking at how we can protect our economy from the risk of being plunged into recession. All that time, all that effort and all that expense because a Tory Prime Minister refuses to rule out a no-deal Brexit. It is shameful that the Scottish Conservatives have not demanded that she do so.

I have been wondering why the Scottish Tories

The Presiding Officer:

First Minister, that is enough.

The First Minister:

—are quite as supine as they are. Perhaps it is because they do not want to stand up for Scotland and never will stand up for Scotland.