Bank of England governor Mark Carney, left, meets Scottish First Minister Alex Salmond as he arrives at Bute House in Edinburgh
Media playback is unsupported on your device

Scotland's future: Carney warning on Scots pound plan

An independent Scotland would have to give up some of its powers if it wanted to keep sterling, Bank of England governor Mark Carney has said.

During a speech in Edinburgh he used the Eurozone crisis as an example of what could happen if the "proper arrangements" were not in place beforehand.

But Mr Carney did say the bank would implement whatever decision politicians reached if voters in Scotland opted for independence.

Hugh Pym reports.

  • 29 Jan 2014
Go to next video: Your views on keeping sterling