Scottish independence reports: Monetary policy
- Macroeconomic Framework (Scottish government Fiscal Commission Working Group) (11 February 2013) - The group assessed the currency options of an independent Scotland. Read the Scottish government's response to the report.
- Scotland analysis: Financial Services and Banking (UK government) (20 May 2013) - The Westminster government said independence would put at risk Scotland's strong and vibrant financial services industry, which, as part of the UK, forms a world-leading sector.
- Scotland Analysis: Currency and Monetary Policy (UK government) (23 April 2013) - The Westminster government said the UK's current currency and monetary policy arrangements served Scotland well and a move away from those could be less economically suitable for Britain.
- Scotland's Currency Options (National Institute of Economic and Social Research) (29 October, 2013) - The institute said an independent Scotland joining a sterling currency union would forgo the possibility of providing its own liquidity support to the banking sector, to choose monetary policy and an exchange rate policy, while fiscal policy would be restricted by the need to reduce its debt burden.
- Scotland Analysis: Assessment of a Sterling Currency Union and a letter from Sir Nicholas Macpherson to Chancellor George Osborne (UK government) (13 February 2014) - The analysis said a currency union between an independent Scotland and the rest of the UK would be "fraught with difficulty".
- Referendum on Scottish independence: A briefing paper for members of Scottish Financial Enterprise on the implications for the Scottish financial services industry (Scottish Financial Enterprise) (27 March 2014) - The financial services industry body said it would be "prudent" to consider a new Scottish currency, in the event of a monetary union not going ahead under independence.