24/08/2014 Sunday Politics Scotland


24/08/2014

Gordon Brewer presents the latest political news, interviews and debate.


Similar Content

Browse content similar to 24/08/2014. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

Good morning and welcome to Sunday Politics Scotland.

:00:40.:00:39.

Pensions are a key issue in the referendum -

:00:40.:00:43.

we look at the competing claims from both campaigns.

:00:44.:00:50.

You would be surprised at how little importance people look at pensions

:00:51.:00:57.

with in your working career. It is not until we get closer to

:00:58.:01:00.

retirement that it becomes a big issue. Age 55 and over becomes,

:01:01.:01:05.

where is my pension, where is it coming from?

:01:06.:01:08.

And Alex Salmond's former head of policy tells us we can transform

:01:09.:01:11.

society and lead ourselves to a better world.

:01:12.:01:13.

For most people in work, it's something that you prefer not

:01:14.:01:18.

to think about, but for those edging past 55, suddenly pensions

:01:19.:01:20.

They provide security and stability in the "third age",

:01:21.:01:26.

and any fundamental political changes could threaten that.

:01:27.:01:28.

But so could the changing shape of our population.

:01:29.:01:31.

In the referendum campaign, both sides have been trying to

:01:32.:01:34.

assure us that, whatever happens, there will be continuity.

:01:35.:01:38.

The Scottish Government's White Paper outlines a single-tier pension

:01:39.:01:40.

Westminster plans include a single-tier pension

:01:41.:01:45.

But, as Andrew Kerr reports, a little nest egg stored away to

:01:46.:01:51.

emerge 30 years later is something to value.

:01:52.:02:00.

The water of life sampled by these two lists on Edinburgh's Royal mile,

:02:01.:02:06.

long anticipated and a final reward after years of storage, much like a

:02:07.:02:12.

pension. As arguments in the independence debate are distilled

:02:13.:02:16.

down, this is out as a key issue for voters. Better Together have been

:02:17.:02:19.

warning the EU will continue to require cross-border pension schemes

:02:20.:02:23.

to be fully funded in an independent Scotland. The trade association for

:02:24.:02:28.

workplace pension schemes warns this could be expensive. They have

:02:29.:02:34.

potentially two options. They could close the scheme altogether because

:02:35.:02:37.

of the costs involved or they could split that scheme into. A scheme

:02:38.:02:41.

north of the border and in the south. Those would come at a great

:02:42.:02:46.

cost indeed and they would have to find that money, which could be

:02:47.:02:50.

invested elsewhere in the business. Ultimately, those costs could be

:02:51.:02:55.

passed on to the people, the Sabres follow schemes. -- the savers. Some

:02:56.:03:07.

experts say the industry has caught with change in the past and any

:03:08.:03:11.

future development will run smoothly. Pensions in the UK have

:03:12.:03:16.

gone through significant change in all of my career. Every decade has

:03:17.:03:21.

seen a significant regulatory change which has been managed and delivered

:03:22.:03:27.

etc etc. I see an independent Scotland where there will be changes

:03:28.:03:31.

to the pension system, but I do not see that negatively. I think it can

:03:32.:03:36.

happen. There is an amazing intellect in Scotland around the

:03:37.:03:39.

whole pensions industry and I think an independent Scotland could take

:03:40.:03:45.

advantage of that. So, with" best. As with any long-term prospects, who

:03:46.:03:56.

knows what the future holds. He has to check the whisky every once in

:03:57.:03:59.

awhile to make sure it is just right. And we as taxpayers probably

:04:00.:04:04.

have to manage our own expectations when it comes to pensions. Remember

:04:05.:04:09.

when the state pension was first introduced, people lived only a few

:04:10.:04:13.

years more than the average state pension now. Life expectancy in

:04:14.:04:19.

Scotland is 78 or so. State pension age is 65 and heading that way

:04:20.:04:28.

forward in as well. The number of years that people expect the state

:04:29.:04:30.

to look after them has kind of increased quite substantially. Of

:04:31.:04:35.

course, there is no pension fund as such that people contribute to and

:04:36.:04:41.

then draw from. It does not work that way. People in work now are

:04:42.:04:46.

paying for today's pensioners but you have to get the right ratio. The

:04:47.:04:50.

pensioners of the future will continue to rely on those who work.

:04:51.:04:56.

It will depend on how much they pay and are willing to pay in taxes to

:04:57.:05:02.

support older people. Whether the expectations that people have now

:05:03.:05:08.

can continue to be realised, it is something Government is aware of and

:05:09.:05:11.

it is kind to rein back on the expectation that it will would

:05:12.:05:15.

spend, say, more than a third of their life in receiving a pension.

:05:16.:05:23.

With independence or the union, perhaps no-one is sure of the taste

:05:24.:05:29.

of things to come as the population changes. He gets all the best

:05:30.:05:32.

locations, doesn't he? Today's Sunday Post has carried out

:05:33.:05:35.

a poll of 1,000 pensioners on their Nearly 90% intend to vote, 32.6%

:05:36.:05:38.

intend to vote yes, 54.8% intend Stripping out

:05:39.:05:43.

the "don't knows" takes it to 37% The majority say pensions has been

:05:44.:05:48.

a factor in their decision. Nearly 75% have some concerns how

:05:49.:05:56.

the state pension will be funded Just over 40% also expressed concern

:05:57.:06:01.

about how the state pension would be funded

:06:02.:06:04.

if Scotland remains part of the UK. Joining me is

:06:05.:06:09.

Labour MP Gregg McClymont, and from Aberdeen, Dr Eilidh Whiteford, who

:06:10.:06:12.

is the SNP pensions spokesperson. Eilidh Whiteford, it is pretty clear

:06:13.:06:26.

people are concerned about... Let's start with the state pension in

:06:27.:06:29.

independent Scotland. Are they right to be worried? The UK Government and

:06:30.:06:35.

Scottish Government have made very clear that your entitlement to a

:06:36.:06:38.

state pension is based on your contributions record and not on

:06:39.:06:43.

either where you live or what your citizenship is. If you think about

:06:44.:06:47.

it at the moment, lots of people, when they retire, go off to Spain or

:06:48.:06:50.

France or somewhere sunny and still get their pension. Government has

:06:51.:06:55.

been very clear that it is based on your contribution, not on where you

:06:56.:07:01.

live. I think a lot of the scaremongering we have seen on state

:07:02.:07:04.

pensions has been quite unnecessary and is not backed up by reality. All

:07:05.:07:10.

right. Gregg McClymont, that is right. Let's stick to the state

:07:11.:07:13.

pension. Even the British Government seems to accept that if Britain

:07:14.:07:16.

becomes independent, pensioners will get what they would have got if we

:07:17.:07:21.

were part of the UK. -- Scotland becomes. Pensioners do not even know

:07:22.:07:27.

the currency that they will get their pension in. It is not a

:07:28.:07:31.

surprise that pensioners are concerned or anxious about what

:07:32.:07:35.

independence means for pensions. What Tim acted as not mention is

:07:36.:07:41.

that the state pension entitlement would need a series of negotiations

:07:42.:07:45.

between Scotland and the UK and around currency and pensions

:07:46.:07:50.

therein. -- what Eilidh Whiteford. If you're a pensioner and you do not

:07:51.:07:55.

know what currency your pension will be in after Scotland leads UK...

:07:56.:08:01.

What about that point? It is not just currency, pensions are

:08:02.:08:04.

protected. We do not know what inflation would be in an independent

:08:05.:08:08.

Scotland, whether it would be higher or more than the UK. We do not know

:08:09.:08:14.

what we jamming rises would be like. -- wages rises. We do not know what

:08:15.:08:22.

would be like in the UK. You would need a crystal ball to predict it.

:08:23.:08:26.

It is being alarmist about prospect rather being honest. At the moment,

:08:27.:08:32.

Scotland are spending less as a proportion of both those revenues

:08:33.:08:35.

and GDP on pensions and because of that we are in a better position to

:08:36.:08:39.

afford pensions than the rest of the UK. But you accept the other greater

:08:40.:08:44.

proportion and will continue to have a greater proportion of elderly

:08:45.:08:46.

people, therefore that will change quite quickly? That equation will

:08:47.:08:52.

change over time. There are challenges for every country in the

:08:53.:08:56.

western world are challenges for every country in the Western world

:08:57.:08:58.

in changing demographics. But the real question is how we boost our

:08:59.:09:00.

working age population to address that challenge and let's not just

:09:01.:09:03.

sit on our hands and assume that we will not do anything to address

:09:04.:09:07.

those problems. We address that in a little bit. Gregg McClymont, Eilidh

:09:08.:09:13.

Whiteford as a point. Every country in the world has issues about how it

:09:14.:09:17.

finances pensions. The issues facing an independent Scotland, there could

:09:18.:09:20.

be problems and issues, but the no different from anyone else.

:09:21.:09:26.

Professor David Bell, you quoted on another matter, as pointed out

:09:27.:09:29.

amongst others that Scotland will face greater challenges in filling

:09:30.:09:35.

that population age gap. -- working age gap. That might need to be

:09:36.:09:44.

something we will have a discussion about and we have not had that so

:09:45.:09:49.

far. More widely, she talks about the challenges the UK faces, but it

:09:50.:09:54.

isn't -- is it not the case the UK has always paid its pensions infill

:09:55.:09:58.

and in time? If 72% of pensioners are worried about the prospect of

:09:59.:10:02.

their pensions, does the fault lies with pensioners? Are they wrong to

:10:03.:10:07.

be worried? Pensioners have had a lot of alarmist stories that

:10:08.:10:10.

Scotland cannot pay pensions and that is simply not true. Scotland is

:10:11.:10:15.

in a better position than the rest of the UK to pay pensions because we

:10:16.:10:18.

have higher levels of employment in Scotland. We also have more life

:10:19.:10:21.

expectancy, so pensions are more affordable. That will not change

:10:22.:10:27.

with independence. Eilidh Whiteford, this issue of cross-border pensions,

:10:28.:10:33.

that worries a lot of people. Under European Union rules, if you're part

:10:34.:10:36.

of a private company's pension scheme are part of it in England and

:10:37.:10:39.

part of it in Scotland, it will have to be fully funded if we become

:10:40.:10:46.

independent. You heard earlier the claims that could be a serious

:10:47.:10:51.

problem. It is an issue that affects not state pension is an issue that

:10:52.:10:54.

affects not state pension us but people in occupational pensions in

:10:55.:10:56.

the private sector. Clearly, we need to look at what is happening in

:10:57.:11:01.

other parts of the European Union will this has been the case, to look

:11:02.:11:04.

at how to sort it out. Indeed, the UK Government has worked with the

:11:05.:11:11.

Republic of Ireland's Government to address this issue and did so in

:11:12.:11:14.

2005. The new directive is very clear that it is possible that

:11:15.:11:18.

existing recovery arrangements can be used. But the fundamental issue

:11:19.:11:24.

is if your company's pension scheme is underfunded, it does not matter

:11:25.:11:27.

what your constitutional position is. The underlying problem is still

:11:28.:11:32.

there. If we want to be the heads in the sand about that, that is not

:11:33.:11:36.

sure, but actually, we have an opportunity to make sure these

:11:37.:11:41.

schemes are properly funded. Gregg McClymont, what about that point?

:11:42.:11:47.

The issues she is highlighting is that there are problems with

:11:48.:11:50.

cross-border pensions and there is this European Union directive. The

:11:51.:11:53.

British Government gave a three-year grace period for this to be sorted

:11:54.:11:58.

out. We not really in a different from anyone else. But the problem is

:11:59.:12:02.

created by creating a border, that is why it is a cross-border issue

:12:03.:12:06.

between Scotland and the rest of the UK. If it can be solved in the UK

:12:07.:12:11.

and the rest of the European Union, as Tim acted as said, it can be

:12:12.:12:14.

solved in the case of Ireland, why should Scotland be so unique? -- as

:12:15.:12:23.

Eilidh Whiteford said. They have not met the regulations with

:12:24.:12:28.

cross-border funding. It has not been solved with the Republic of

:12:29.:12:33.

Ireland. There are enormous amounts of schemes. The total deficit of

:12:34.:12:37.

private sector pension schemes that were beyond these rules is more than

:12:38.:12:44.

?200 billion in the UK. As a number of bodies have said repeatedly, that

:12:45.:12:50.

is a huge problem. How are companies meant to realise those deficits in

:12:51.:12:54.

three years? Most schemes are running 10-15 year recovery periods.

:12:55.:13:00.

Presumably, Eilidh Whiteford, do you have proposals to extend three years

:13:01.:13:07.

to ten or 15 years? We have. We have proposed that ourselves and the UK

:13:08.:13:10.

Government sit down and work out whether those existing recovery

:13:11.:13:13.

plans are feasible. That has happened in the past with other

:13:14.:13:18.

places. Particularly in Ireland, they have been allowed to work to

:13:19.:13:22.

existing recovery plans. They have not been limited in that way by the

:13:23.:13:25.

European directive. There is no reason that should not happen in

:13:26.:13:29.

Scotland. Let's not forget the fundamental issue is the Fonda, --

:13:30.:13:35.

underfunding of those schemes. Pure assertion. Thank you both indeed. It

:13:36.:13:42.

has been a busy week in a referendum campaign. Let's look at the week in

:13:43.:13:51.

60 seconds. The head of NATO said an independent

:13:52.:13:54.

Scotland would have to be applied to the Alliance. The Scottish

:13:55.:13:58.

Government said it would be in other member states interests to the

:13:59.:14:03.

membership. Sir Ian Wood said the Scottish Government's North Sea oil

:14:04.:14:09.

forecasts are 60% too high. The first master said there was a

:14:10.:14:11.

wealth of contrasting expert opinion. Both sides took to the

:14:12.:14:18.

airwaves to debate the future of broadcasting. Labour said a yes vote

:14:19.:14:25.

could devastate the industry. But there were claims a new Scottish

:14:26.:14:27.

Broadcasting Service would reinvigorate. There was a spat over

:14:28.:14:32.

civil servants. A Whitehall department advised staff to vote nor

:14:33.:14:35.

was the Scottish Health Secretary was criticised for writing to

:14:36.:14:39.

reassure NHS staff about pensions postindependence. And it was

:14:40.:14:44.

announced that more than 1 million people have signed a declaration to

:14:45.:14:49.

vote yes. The no camp claim it still speaks for the majority of Scots.

:14:50.:14:57.

So, as the referendum campaign enters its final stretch,

:14:58.:15:03.

neither side is wanting for advice from outside sources.

:15:04.:15:07.

One man who used to be on the inside is Alex Salmond's former head of

:15:08.:15:08.

policy, Alex Bell, who joins me now. You have just written a book. You

:15:09.:15:22.

saying you were taken on by the Scottish Government because the

:15:23.:15:26.

British government were interested in proposals about people max. There

:15:27.:15:33.

were attempts and off the there could conversations about what devo

:15:34.:15:42.

max would look like. My point in saying that in the book was to say

:15:43.:15:49.

the UK government knew what a evil Max package would look like. --

:15:50.:16:04.

default. -- devo max. It was in 2010, signals had been made that

:16:05.:16:10.

they may be open to some kind of wider discussion. Actually the

:16:11.:16:16.

Scottish Government first preference was for some kind of devo max

:16:17.:16:23.

settlement. It was to be something that met the needs of the people.

:16:24.:16:29.

The Tory government where receptive to that. What would have

:16:30.:16:34.

subsequently happened, had the talks got any rare, which they didn't, I

:16:35.:16:40.

do not know. They were certainly of an open mind and constructive mind.

:16:41.:16:46.

If I were Alex Salmond I would not be grateful because you came out and

:16:47.:16:51.

supported independence and told us among other things that Trident

:16:52.:16:57.

would stay and it should so that Scotland were seen as responsible.

:16:58.:17:04.

You tell us a currency union would mean Scotland was not really

:17:05.:17:07.

independent and most of your ideas about independence do not need

:17:08.:17:12.

independence if only the UK government would implement some of

:17:13.:17:18.

them. What struck me then and strikes me now is a conspicuous lack

:17:19.:17:26.

of humility by the political classes of both sides. That humility and

:17:27.:17:30.

minds to the fact we had gone through a number of crises,

:17:31.:17:38.

financial, environmental, we need more complex city and nuance than

:17:39.:17:43.

simply saying you are right, you are wrong, you are a liar. I think

:17:44.:17:54.

everyone is inclined to say they speak for the majority but I speak

:17:55.:18:00.

for the point of view that says we need the powers to transform our

:18:01.:18:07.

society. I would have guessed -- settled at devo max. The entire time

:18:08.:18:11.

I was working for Alex Salmond that would have been a point of view I

:18:12.:18:19.

would have looked. I am not an out and out Nationalist but I am an out

:18:20.:18:25.

and out yes person. That is the only option on the table. If I wear Ed

:18:26.:18:30.

Malabar and I would be thinking I quite like that but there is little

:18:31.:18:35.

in your boot Ed Miliband would disagree with. -- eight Miliband. --

:18:36.:18:52.

aid Miliband. What Scotland needs is a Labour Party with a spine. We need

:18:53.:18:59.

a socially progressive society which uses its funds to benefit people.

:19:00.:19:05.

There is no reason Ed Miliband and the Labour Party should advocate

:19:06.:19:10.

that. There is no reason for that idea to have got out with party

:19:11.:19:18.

bounds. You raise the issue of, if there is a yes vote what is it that

:19:19.:19:25.

the Scottish Government has a mandate to negotiate. You point out

:19:26.:19:29.

there will be a currency union, it will be brilliant but other times

:19:30.:19:35.

you saying you are not voting for the SMP but for an independent

:19:36.:19:42.

Scotland. There would be a mandate to negotiate for independence which

:19:43.:19:47.

was agreed between Edinburgh and the global community. The interesting

:19:48.:19:55.

point is that it is not entirely clear who would do that negotiation

:19:56.:20:02.

for the UK. It does not seem David has a mandate at all. It seems a

:20:03.:20:09.

broadband negotiating team are addressing the idea it is not the

:20:10.:20:18.

national idea. You are arguing for a yes vote based on a prospectus that

:20:19.:20:27.

you outline which no political party in Scotland has the slightest

:20:28.:20:33.

intention of implementing. If you want the kind of policies that a

:20:34.:20:37.

properly brought party should be delivering, they cannot deliver that

:20:38.:20:43.

in the UK as it stands. The only way to get that is by taking control

:20:44.:20:52.

closer to home. Your prospectuses for the Scottish Labour Party? They

:20:53.:20:57.

are welcome to take it after a yes vote and can run on that mandate

:20:58.:20:59.

next time. policy, Alex Bell, who joins me now.

:21:00.:21:08.

You're watching Sunday Politics Scotland. Let's cross now for the

:21:09.:21:11.

news with Andrew Kerr. Good afternoon. Both sides in the

:21:12.:21:17.

independence referendum campaign are A former moderator of the General

:21:18.:21:20.

Assembly of the Church of Scotland has announced he's supporting the

:21:21.:21:23.

Yes campaign along with more than 30 other kirk ministers. The

:21:24.:21:25.

Very Reverend Dr Andrew McLellan said

:21:26.:21:27.

independence was a "once in a lifetime opportunity to remove

:21:28.:21:29.

Trident". The issue was debated at the Kirk's Assembly. However, Better

:21:30.:21:32.

Together, say people of all faiths and none are saying "no thanks" to

:21:33.:21:35.

independence because of the "risk and uncertainty" that comes with

:21:36.:21:41.

Over 100 people have gathered in Shetland to remember the

:21:42.:21:44.

four who died in last year's helicopter crash off Sumburgh

:21:45.:21:47.

Airport. A short service was held at the Sumburgh memorial last night. A

:21:48.:21:50.

new plaque was dedicated to the victims, and a number of survivors

:21:51.:21:53.

made the journey to the islands for the service. Later, two wreaths were

:21:54.:21:57.

laid at sea at the site of the crash. The event was also marked by

:21:58.:22:06.

a helicopter fly past. Let's take a look at the weather

:22:07.:22:08.

with Sarah. It should stay largely dry and we

:22:09.:22:21.

have a law of bright weather across the board. We could still see a few

:22:22.:22:26.

showers across the far North Highlands. For most of us, staying

:22:27.:22:33.

dry. We will see a fair amount of Clyde pushing in from the South

:22:34.:22:38.

West, turning the sunshine he's a. That is it. Now back to Gordon.

:22:39.:22:51.

with Sarah. I'm joined now by Ian Blackford,

:22:52.:22:53.

former SNP Treasurer, and businessman, and by Raymond

:22:54.:22:55.

Robertson, former Conservative MP for Aberdeen South.

:22:56.:23:09.

Let's start on pensions. Surely we can have sympathy for the public. It

:23:10.:23:17.

is difficult enough to understand pensions without having to worry

:23:18.:23:21.

about if there is an independent Scotland. People will be safe and

:23:22.:23:28.

secure in an independent Scotland, pensions will continue to be paid.

:23:29.:23:34.

The threat has come to the pension funds from Gordon Brown and the

:23:35.:23:41.

attack on pensions 20 years ago. What we do is for the Scottish

:23:42.:23:49.

economy to increase certainty for pensions. Do you buy that? It is not

:23:50.:23:57.

helped when John Swinney tells the Scottish Cabinet confidentially

:23:58.:24:00.

there will be an independent Scotland problem with pensions. It

:24:01.:24:06.

is not just state pensions, there are public sector pension funds?

:24:07.:24:12.

That is what John Swinney told the Scottish Cabinet. The health

:24:13.:24:18.

secretary said health pensions will be even higher in an independent

:24:19.:24:23.

Scotland, they are creating chaos, causing people to be genuinely

:24:24.:24:28.

concerned as to the future. You are right, it is not just the state

:24:29.:24:35.

pension. If you work for the NHS in Scotland there is an NHS pension but

:24:36.:24:43.

it is not funded, it is being paid out of taxation. That is true

:24:44.:24:47.

whether talking about an independent Scotland or the rest of the UK. If

:24:48.:24:53.

you are working for the NHS in Scotland and you are thinking about

:24:54.:24:57.

your NHS pension, you are doing the same position as people concerned

:24:58.:25:04.

about the state pension? That is not the case. Your entitlement will

:25:05.:25:08.

remain whether or not Scotland is independent. The real issue is that

:25:09.:25:15.

Westminster are raising the retirement age throughout the UK

:25:16.:25:21.

when the life expectancy in Scotland is considerably lower. We want to

:25:22.:25:26.

make sure we have a comfortable retirement. The real issue here is

:25:27.:25:32.

if you take the FTSE 100, it is only one company that has a defined

:25:33.:25:36.

pensions scheme. That is not the fault of the SNP or the government.

:25:37.:25:45.

It is the fault of Westminster. Coming up tomorrow is the debate

:25:46.:25:50.

between Alistair Darling and Alex Salmond, I am not sure you are any

:25:51.:25:58.

more of an Alistair Darling fan than you are an Alex Salmond fan but what

:25:59.:26:06.

do you think each of them has to do? Alex Salmond and the yes campaign

:26:07.:26:10.

will somehow have it in them to accept they have introduced an

:26:11.:26:16.

nastiness and intolerance to Scottish politics in the last few

:26:17.:26:22.

months which is unhelpful and I hope the First Minister concedes you can

:26:23.:26:27.

indeed be a proud and passionate Scot and be voting no. I think the

:26:28.:26:33.

intolerance and nastiness does not help Scotland and the healing

:26:34.:26:37.

process that must happen the day after the referendum. Presumably the

:26:38.:26:44.

chapter that he considered Alex Salmond did not do that well last

:26:45.:26:49.

time, he will almost certainly do better this time. I think he will

:26:50.:26:56.

come out fighting tomorrow. He will give a positive vision as to what an

:26:57.:27:01.

independent Scotland will look like. We have to focus on the positive. At

:27:02.:27:07.

the same kind, there are questions Alistair Darling will have to answer

:27:08.:27:13.

tomorrow. These are challenges for maintaining a national health

:27:14.:27:17.

service free at the point of need. Whether or not we want to protect

:27:18.:27:22.

the ethos of a public national health service in an independent

:27:23.:27:27.

Scotland, those are the choices the people of Scotland face. If you are

:27:28.:27:33.

Alistair Darling, what do you do tomorrow? You know Alex Salmond will

:27:34.:27:39.

probably be more impressive than he seemed last time. How do you prepare

:27:40.:27:45.

for that? Alistair Darling has to keep on at the central questions of

:27:46.:27:50.

this referendum campaign. At the top is the currency. If he bangs on

:27:51.:27:57.

about the currency again he will be seen as a one trick pony. It is

:27:58.:28:03.

about getting Alex Salmond to join the rest of us in the deal Scotland.

:28:04.:28:10.

With a yes vote we all know there will be no sheared sterling, we know

:28:11.:28:15.

that and we need Alistair -- Alex Salmond to admit this. It is the

:28:16.:28:24.

simple answer, we will continue to use the pound. The currency

:28:25.:28:29.

commission have raised a number of alternatives that would see us still

:28:30.:28:34.

continue to use the pound. Come what May, an independent Scotland will be

:28:35.:28:36.

using the pound. for Aberdeen South.

:28:37.:28:45.

And you can watch the First Minister Alex Salmond and Better Together

:28:46.:28:47.

leader Alistair Darling go head-to-head on the BBC tomorrow

:28:48.:28:50.

evening. That's on BBC 1 Scotland on Monday night at 8 o'clock.

:28:51.:28:53.

That's all from the us this week. I'll be back at the same time next

:28:54.:28:56.

week. Until then, goodbye.

:28:57.:29:02.

Download Subtitles

SRT

ASS