Muckles OK in Engerland?Has the blog penetrated to the darker regions of Westminster? (see previuos posts on the problems of getting the English (or any one else outside Scotland) to accept the paper notes bearing a Scottish insignia. Good luck to Mr Bruce (any relation to the spider watcher, I wonder?)
Call to make Scottish notes legal "Mr Bruce wants Scottish notes to become legal tender
Westminster is being put under coming pressure to change the law and make Scottish bank notes legal tender.
Although a number of Scottish banks issue notes they are not backed by the force of law anywhere in the UK.
The only notes that carry the force of law are those issued by the Bank of England.
The Liberal Democrat MP, Malcolm Bruce, said he wanted the anomaly corrected and he planned to raise the matter at Scottish Questions.
He said it was now time to get the law changed.
Mr Bruce believes that although the current position is not a massive practical problem*, it sends the "wrong signal".
He added that there were still occasions in England where traders refused to accept notes produced by Scottish banks. "
* It is a massive practical problem when a Croatian run Pizza place in Palmers Green will not accept your Clydesdale Tenner and the other PPs have all closed.
Labels: Scottish money