Sir John Kay, the celebrated British economist, leads an FT debate on the pros and cons of a Scottish currency. Joined by Gillian Tett, chair of the FT's editorial board, and Martin Sandbu, the FT's European Economics Commentator, Kay examines what the end of the currency union might mean and whether it is at all desirable on either side of the border. Would a Scots currency best be pegged to Pound Sterling? Could it survive a speculative attack? Tett tells us whether this matters to the mother of central banks, the US Federal Reserve, while Sandbu stands up for small countries and ponders the pull of the Euro. Moderated by Mure Dickie, FT Scotland correspondent.
Financial Times Event