-Credit:© 2014 Bloomberg Finance LP. The UK Government has confirmed that shops and businesses in England are under no obligation to accept Scottish banknotes as payment for goods or services.

My colleague Tim Worstall argues correctly that an independent Scotland would still be able to use the pound if it chose. Just as the US has no power to prevent Panama, Ecuador and even Zimbabwe using ...

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“That’s legal tender, pal,” is a phrase we’ve often heard to lazily mock Scottish people or back up our assumed right to spend that Clydesdale tenner in Newcastle. But are Scottish - and for that ...

LONDON (Reuters) - Royal Bank of Scotland (RBS.L) will print its next generation of Scottish banknotes on plastic paper, rather than the traditional cotton. RBS, which is the second biggest issuer of ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...

Scottish banknotes are being quietly phased out, a Sunday Mail investigation has revealed. We have uncovered official data which shows our unique cash - a symbol of Scotland’s national identity and ...

LONDON (Reuters) - Royal Bank of Scotland will print its next generation of Scottish banknotes on plastic paper, rather than the traditional cotton. RBS, which is the second biggest issuer of ...

We've the news today that the Bank of England made some preparations over liquidity and the validity of Scottish bank notes in the run up to the Scottish referendum. This is all rather as we would ...

Scottish people are very protective of their money. The currency used in Scotland is the pound sterling (£), like the rest of the UK. However, what sets Scottish money apart is its series of banknotes ...

LONDON (Reuters) - Scottish banknotes, widely spurned by shops south of the border, should be legally protected in England, the Liberal Democrats say. "It is ironic that many shops and businesses in ...