Alex Salmond’s plan to default on Scotland’s national debt will mean higher interest rates on our mortgages and credit cards, making times tougher for the families across the Highlands and Islands.
If the nationalists don’t get their way in establishing a Eurozone style currency union with the rest of the UK, which looks increasingly unlikely, Salmond has threatened that he will not pay for Scotland’s debt.
Speaking today, David Stewart MSP, regional member for Highlands and Islands said that this demonstrates, yet again, that the nationalists will say anything and do anything – regardless of the consequences – to get people to vote for them.
In a double blow to the nationalists the Chief Executive of Scottish Financial Enterprise, representing an industry that employs hundreds of thousands of Scots, said that the uncertainty caused by Alex Salmond’s currency chaos is damaging for business.
Mr Stewart said:
“The First Minister’s latest claim that he will default on Scotland’s national debt if the UK were to vote ‘no’ to his proposed currency union truly demonstrates the reckless and unreasonable basis of Salmond’s threats.
“Lots of Scots are currently employed by the financial services sector. The fact that the Chief Executive of Scottish Financial Enterprise believes that Scotland faces an uncertain future with regards to what currency would be used in the event of independence is a double blow to the nationalists.
“Times are already tough for the people across the Highlands and Islands. The nationalists’ latest threat, however, will mean that mortgage and credit card rates will go up, making things even worse for families in the north.
“This appears to be the latest in a long line of reckless threats that Alex Salmond has made in his obsessive campaign for independence. The nationalists cannot be trusted on currency.
“People across the North are fed up of Salmond’s threats. The only way to ensure that we keep the pound and guarantee a strong future for our country is to remain part of the UK.”
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