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Bid to make Scottish bank notes legally binding in England

It has been something of a bugbear for many Scottish business people over the years, the fact that many English shops and businesses do not accept Scottish currency. There is no legal reason why any particular establishment in England should refuse to accept Scottish notes but this has been going on for many years. There was initially a suggestion that the notes were easier to forge and therefore represented a greater risk but this has never actually been proven.

After a number of Scottish businesses came forward with suggestions for new laws, a private members bill is being debated in the House of Commons which if successful will make it legally binding for all shops and businesses throughout the UK to accept Scottish banknotes. The issue has caused much friction either side of the border with suggestions that many English businesses are more willing to accept Euros than Scottish banknotes.

Interestingly Scottish businesses do not have any such hang-ups and readily accept Irish, English and the Euro in their everyday business activities. It will be interesting to see if the private members bill is successful and what impact, if any, it will have on the acceptance levels of Scottish banknotes in the UK.

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