Scottish banknote anomaly must end

The Liberal Democrats today increased pressure on the Government to provide Scottish banknotes with legal protection. Currently, there is no requirement for Scottish or Northern Irish banknotes to be accepted anywhere in the United Kingdom.

President of the Scottish Liberal Democrats, Malcolm Bruce, raised the issue during Scottish Questions in the House of Commons.

Commenting, Malcolm Bruce said:

“It is a bizarre anomaly that money can be withdrawn from Scottish banks and not accepted in England. Many shops in England now accept Euros, but can refuse to accept Scottish sterling.

“It is by historical accident that this separation exists. The Government must take action to ensure that Scottish banknotes are given proper protection.”