Far be it for me to cause further dissension between Glasgow and Edinburgh and to speak ill of the dead, but if Donald Dewar made a mistake about the location of the building it was that he should have chosen Glasgow, as it is the biggest city in Scotland.
The pound sterling (symbol: Â£ ; ISO code: GBP), commonly known simply as the pound, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny).s the central bank of the United Kingdom which has been delegated authority by the government, the Bank of England sets the monetary policy for the British pound by controlling the amount of money in circulation.
The Euro. The euro is the official currency of the European Union and is commonly used through much of Europe. While it is not an official currency in London, the city's status as both a financial center and a tourism center means that you will find places where it is accepted.TMs. Automated teller machines are common in London. You can use your debit card or a credit card to withdraw cash in pounds from any ATM simply by using your PIN. When you do so, the bank will automatically calculate the exchange rate and debit that amount, in US dollars, from your account.