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QkFUtgET
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OTBXYJ8e
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Sajid Javid
answer text
<p>The independent Monetary Policy Committee's macroeconomic policy tools are designed to affect the economy as a whole, in order to meet the 2% inflation target over the medium term.</p><p>If Scotland were to become independent, the Bank of England would be the central bank for the continuing UK. The continuing UK would have to agree to Scotland taking part in the UK's monetary arrangements as part of a currency union and it is highly unlikely that one could be agreed or made to work.</p>
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HM Treasury
written answer has answering body
HM Treasury
HM Treasury
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QkFUtgET
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QkFUtgET
OTBXYJ8e
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QkFUtgET
Sajid Javid
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QkFUtgET