Scotland’s nationalists increased support among voters for their plan to withdraw from the U.K., narrowing the lead held by opponents of independence to 16 percentage points, the latest monthly poll showed.
The proposal by Scottish nationalists to retain the pound should they win independence would be the only practical option for the new country, currency traders say, even as the plan is rejected by the government in London.
Scotland’s nationalist government aims to establish an independent state by March 2016, breaking away from the 306-year-old United Kingdom and keeping the pound as its currency, according to the blueprint it published today.
The odds of Scotland becoming independent are now at their longest ever after a 50,000-pound ($79,620) bet was placed in Edinburgh on voters in the country opting to remain in the U.K. in next year’s referendum.
As Scotland’s nationalists dangle the prospect of a shorter working life than in England ahead of next year’s referendum on independence, demographers say the numbers behind their proposal don’t add up.