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United Kingdom · Motion · Early Day Motion

EDM 1294

SCOTTISH BANKNOTES

openUnited Kingdom· UK Parliament· EN

Introduced

19 December 2005

Last action

19 December 2005 · Early Day Motion

Status

0

Sponsors

Stewart Hosie

Subjects

Discovery layer

Source updated

19 December 2005

Summary

That this House is opposed to the proposals in the Treasury's consultation document Banknote Issue Arrangements in Scotland and Northern Ireland; notes that the ability of Scottish banks to issue their own notes is a longstanding tradition; further notes that although the consultation document implies that its main aim is to strengthen this arrangement, there are several issues that contradict this; believes that Scottish note issuing is a matter of pride and of promotion of Scotland and has well-founded economic benefits; and calls for the Treasury to abandon any plans it may have to tamper with the current arrangements which work perfectly well.

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Timeline

  1. 19 December 2005

    Early Day Motion

    That this House is opposed to the proposals in the Treasury's consultation document Banknote Issue Arrangements in Scotland and Northern Ireland; notes that the ability of Scottish banks to issue their own notes is a longstanding tradition; further notes that although the consultation document implies that its main aim is to strengthen this arrangement, there are several issues that contradict this; believes that Scottish note issuing is a matter of pride and of promotion of Scotland and has well-founded economic benefits; and calls for the Treasury to abandon any plans it may have to tamper with the current arrangements which work perfectly well.

    Source: Early Day Motion

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