…unfortunately. The hottest topic of debate within the Yes movement in recent months has been currency, and what sort of it a prospective independent Scotland should use. We’ve avoided it because it’s such a boring and pointless debate (at this stage, at least), and because the impact it had on the first referendum was vastly less than the media frantically insists.
The truth is that in 2014 most people simply didn’t believe the UK government’s claim that it would refuse Scotland a currency union, and nor did most people find it very important anyway. By enormous margins, Scots thought that an independent Scotland would keep using the pound, despite the No campaign’s assertions to the contrary.
We already live in a world of multiple currencies. People buy things seamlessly on the internet from Europe or the USA or China with all the exchange transactions handled automatically and invisibly. It can cause some issues for businesses, but it simply isn’t an issue for the huge majority of voters, however obsessively politics nerds debate it.
But just for the sake of argument, and for the benefit of delegates to this weekend’s SNP conference in Edinburgh, here’s what they think right now.
By comfortably more than two to one in our Panelbase poll conducted in March, Scots want to keep using the pound forever after independence. Yes voters marginally prefer a transition to a new currency, but only one in six want to go there on day one, and almost as many as want to transition want to stay with Sterling permanently. No voters – who are the people we need to persuade, remember – are overwhelmingly in favour of keeping the pound, with only 16% wanting a new Scottish currency at any point.
Wings has no position on the subject, because to be quite honest we don’t understand it well enough. Strong arguments have been made on various sides and we’re not sure which one we favour yet. It’s a decision for an independent Scottish Government.
But what these findings tell us is what the public thinks – and therefore which options would play the best in a referendum – and the public isn’t in much doubt at all.
