iiinova — where your digital self keeps evolving

Scottish Currency Group @scg1.bsky.social · 30/09/2026

Ian Stewart, Chair of the Scottish Currency Group Working Party in the National this week. Please share this invitation widely from this post. archive.ph/qlk6V www.thenational.scot/politics/265...

thenational.scot

My open invite to readers as we host annual currency conference

AS chair of the Scottish Currency Group I appreciate the opportunity, provided by the National, to invite all readers to our forthcoming annual…

012

Scottish Currency Group @scg1.bsky.social · 14/09/2026

The latest article from the SCG written by Prof Thibault Laurentjoye who is preparing a report on Scottish Currency and the Scot Econ. The final report is presented at our 2026 conference on Oct 24 in Dunfermline www.thenational.scot/politics/265...

thenational.scot

Independence means little if Scotland remains tied to the pound

DOES an independent Scotland “really” need its own currency? Let me put it this way – if the entire point of independence is to fly the…

254

Scottish Currency Group @scg1.bsky.social · 10/09/2026

A lesson for Scotland using the currency of a much larger neighbour who wants our resources jasonhickel.substack.com/p/unequal-ex...

jasonhickel.substack.com

Unequal exchange in Africa’s CFA Zone

New data on France, Europe and China.

006

Scottish Currency Group @scg1.bsky.social · 06/09/2026

SCG PROPOSALS FOR A SCOTTISH CENTRAL BANK Our proposals for the design and remit of the SCB will be published on our website asap. Comments welcome

1103

Scottish Currency Group @scg1.bsky.social · 31/08/2026

DON'T FORGET TO BOOK YOUR TICKETS FOR THE ONE DAY SCOTTISH CURRENCY GROUP CONFERENCE 24 OCTOBER 2026 IN DUNFERMLINE. EARLY BIRD TICKET DISCOUNT APPLIES FOR ANOTHER FEW HOURS - ENDS TODAY!! www.eventbrite.co.uk/e/scottish-c...

eventbrite.co.uk

Scottish Currency Group Conference - 2026 - The Final Report

The Currency Plan & Policy Options for Scotland. Final Report from Professor Thibault Laurentjoye.

042

Scottish Currency Group @scg1.bsky.social · 24/08/2026

When: Wednesday, 26th August | 19:00 – 21:00 📍 Where: Northern Hotel, Brechin, Angus 🎟️ Tickets: £5

000

Scottish Currency Group @scg1.bsky.social · 24/08/2026

What happens to our money in an independent Scotland? 💷🏴󠁧󠁢󠁳󠁣󠁴󠁿💰 Tim Rideout from the Scottish Currency Group is heading to Brechin to lay out the real facts. Join us for an engaging, clear-headed look at how a Scottish currency would actually work. 👉 Book Tickets www.eventbrite.co.uk/e/money-mone...

eventbrite.co.uk

Money, Money, Money

Tim Rideout, of the Scottish Currency Group, is coming to Brechin to highlight the essential subject of currency in an independent Scotland.

1710

Scottish Currency Group @scg1.bsky.social · 12/08/2026

Serious preparation is what the SCG would advocate, starting now. The remainder of planning and implementation during the transition period of several years and the currency being launch ready on Independence Day

020

Scottish Currency Group @scg1.bsky.social · 12/08/2026

I fear electoral dominance has become their main goal. They appear to listen to establishment voices within banking, finance and consultancy circles. This is not where an Indy Scotland setving ordinary people derives from, it's the power of the state to direct productive capacity and public good

120

Scottish Currency Group @scg1.bsky.social · 12/08/2026

We can't go into another campaign without serious concerted work on the currency offering to the Scottish people. This policy alone determines the scope and scale of every other decision to be made - using GBP is suicidal. The white paper isn't coherent and that makes it a massive unionist target

240

Scottish Currency Group @scg1.bsky.social · 12/08/2026

We have a report coming out in Oct which we hope will move the debate on. Our Conference on 24/10/26 is devoted to reviewing its findings. The SNP are always invited, only former MSPs accept

110

Scottish Currency Group @scg1.bsky.social · 12/08/2026

The SNP membership voted for our currency proposal in 2019. SNP leadership has adopted some wording but none of the substance in the currency section of their White paper. We keep trying and have had limited but not no success in having talks -we have a major report coming in Oct to add to the mix

141

Scottish Currency Group @scg1.bsky.social · 12/08/2026

See the SCG website for our proposals for the timescale and introduction process for our own currency to be ready to launch on Independence Day. We also address pensions, GBP mortgages and loans. We have proposals about how to start the foundations now scg.scot

scg.scot

Scottish Currency Group - Scottish Currency Group

SCOTTISH CURRENCY GROUP CONFERENCE will be held in Dunfermline on Saturday 24 October 2026. Book Tickets Here.

053

Scottish Currency Group @scg1.bsky.social · 12/08/2026

scg.scot

Scottish Currency Group - Scottish Currency Group

SCOTTISH CURRENCY GROUP CONFERENCE will be held in Dunfermline on Saturday 24 October 2026. Book Tickets Here.

130

Scottish Currency Group @scg1.bsky.social · 09/08/2026

The problems were building for some time so we must just do the best we can and hope it's reliable then. The efforts to fix issues seem to have brought even more issues.

000

Scottish Currency Group @scg1.bsky.social · 09/08/2026

..."Indeed, its comprehensive review found that, due to declining response rates and a lack of investment, the WAS was “no longer of sufficient value or quality to meet users’ needs.”

100

Scottish Currency Group @scg1.bsky.social · 09/08/2026

..." The OSR judged that the survey no longer met the standards of trustworthiness, quality, or value required for official statistics status..."

100

Scottish Currency Group @scg1.bsky.social · 09/08/2026

"There are other notable examples beyond the LFS. In June 2025, the independent Office for Statistics Regulation (OSR) decided to suspend the accredited status of the Wealth and Assets Survey (WAS)."

100

Scottish Currency Group @scg1.bsky.social · 09/08/2026

If you noted Prof Laurentjoye is conducting research from many sources and widely consulting within Scotland.

100

Scottish Currency Group @scg1.bsky.social · 09/08/2026

As mentioned a final report is out in October so we would be happy for your questions

100

Scottish Currency Group @scg1.bsky.social · 09/08/2026

Our mission isn't to detail the entire Scottish economy. Our proposals are served by what we view as good estimates also based on percentages of GDP.

100

Scottish Currency Group @scg1.bsky.social · 09/08/2026

We have discussed our thinking and have no reason to deviate from that currently. Thanks for your time

110

Scottish Currency Group @scg1.bsky.social · 09/08/2026

It's really all of the above but rest assured we have been looking at your source and trying to examine what's there and what's not there and the methodology used. If this is useful even if not complete we would use it but at this stage we feel it won't radically change our base assumptions

100

Scottish Currency Group @scg1.bsky.social · 09/08/2026

I think we just went through that loop. Some of the figures in the ONS data are also based on estimates and extrapolations of sample groups and some data are just not possible to separate or collect

100

Scottish Currency Group @scg1.bsky.social · 07/08/2026

Our calculations are for the purpose of accruing sufficient GBP available in the Scot Econ to repay GBP loans and mortgages and provide FX reserves appropriate for a modern state. We believe this is already met. Our Oct paper will explore the fuller picture

100

Scottish Currency Group @scg1.bsky.social · 07/08/2026

Money (cash) and wealth are only loosely connected. Most money is bank deposits and we know exactly what those are from the accounts of the banks. The only issue is what proportion of their customers and deposits are in Scotland. Shares, houses, etc are not money so not relevant.

200

Scottish Currency Group @scg1.bsky.social · 07/08/2026

These are very useful data sources and confirm that the estimates we made based on percentage of whole-uk figures were good. Thanks

100

Scottish Currency Group @scg1.bsky.social · 06/08/2026

We feel sufficently confident in the figures we have estimated. It would help enormously if the Scottish economy was a complete, distinct accounting unit but the data hasn't been collected so sadly it is incomplete as part of the U.K.

100

Scottish Currency Group @scg1.bsky.social · 06/08/2026

Thanks for this but nothing here changes the research we have already carried out and we maintain the same estimates on which our proposals are based. Prof Laurentjoye has conducted extensive research and spoken to many relevant people in Scotland. His report is out soon

000

Scottish Currency Group @scg1.bsky.social · 06/08/2026

There is a whole paper within our website I recommend it to you for the fuller picture.

100

Scottish Currency Group @scg1.bsky.social · 06/08/2026

What are you suggesting is "proper" within the circumstances of the regionalised data being uncollected?

100

Scottish Currency Group @scg1.bsky.social · 06/08/2026

The GB£ pay off the GB£ debts, they are finished, ended. Scottish commercial banks take them over. This is an outflow of Gb£ from the Scot Econ

100

Scottish Currency Group @scg1.bsky.social · 06/08/2026

I have told you quite plainly. GB£ reserves are accrued on the introduction of the Sc£. Currency swap lines are pre arranged should this process be more spread out than would be efficient for the transfer within a preferred window

100

Scottish Currency Group @scg1.bsky.social · 06/08/2026

...You will end up back at roughly the same amount in the £200-250 bn range.

000

Scottish Currency Group @scg1.bsky.social · 06/08/2026

Broad Money is Notes & Coins, Reserve Accounts, Bank Deposits plus an element of gilts (maturities up to 5 years). So alternatively you would have £8bn of notes and coins, £80 bn of RBS deposits + RBS £32 bn at the BoE, plus a proportion of BoS, Clydesdale and the other banks...

200

Scottish Currency Group @scg1.bsky.social · 06/08/2026

Now this is where the sense of reviewing our website comes into force rather than compressed comments. You are still free to do this

100

Scottish Currency Group @scg1.bsky.social · 06/08/2026

Just take UK M4 or M3 (Broad Money) and assume around 8% or a bit less is in Scotland. Broad Money was around £3 trillion last time we looked, hence £200 - 220 bn as an approximation of what is in Scotland. The UK does not produce regional stats

100

Scottish Currency Group @scg1.bsky.social · 06/08/2026

We are working on our own version of a state backed mortgage. I assume you are not suggesting the SCB isn't an agent of the Scot Gov

100