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Scottish independence: Keeping pound without currency union 'would see banks relocate'

Scottish independence: Keeping pound without currency union 'would see banks relocate' | ESRC press coverage | Scoop.it

Going it alone with the pound after independence would leave Scotland's financial institutions without an effective lender of last resort, says Dr Angus Armstrong.

ESRC's insight:

The article cites Dr Angus Armstrong who is the director of macroeconomics at the National Institute of Economic Social Research (NIESR).

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£5m for the Barclays boss is disgusting. But so is £71 for the unemployed

£5m for the Barclays boss is disgusting. But so is £71 for the unemployed | ESRC press coverage | Scoop.it

"Nearly 500 Barclays staff are paid more than £1m. Meanwhile, those hit by the recession continue to suffer."

ESRC's insight:

Polly Toynbee cites analysis from the independent Institute for Fiscal Studies, which receives funding from the ESRC.

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