Written Question·Treasury·UIN 81215
Bank Notes: Scotland
Tabled: 10 October 2025
Answered: 16 October 2025
Question
Mr Angus MacDonald
Liberal Democrat — Inverness, Skye and West Ross-shire
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that Scottish banknotes are treated as legal currency by businesses operating in England.
Answer
Lucy RigbyThe UK is unusual in allowing several commercial banks to issue their own banknotes. As well as Bank of England issued notes, authorised banks in Scotland and Northern Ireland issue banknotes in those jurisdictions. However, it remains the individual reta...
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