Originally Posted by
OJ 72
Regarding the retention of use of the term ‘Pound’, indeed the Scots can call their currency the ‘Jock’ (made up of 100 ‘Sporrans’) if they wish, but if they want to go it alone then as you say there should be no linkage to the Bank of England. Remember, from 1938 until the RoI joined the Euro in 2002 their currency was the ‘Punt’ (Ir£) made up (if I recall correctly) of the ‘Scilling’ and the ‘Pingin’(?).
Good post OJ, and at the risk of slight thread drift; one correction. Ireland being officially bi-lingual Punt was the gaelic/Irish name and Pound the English for the currency. Ireland's currency went decimal in 1971. The currency was pegged 1-to-1 with Sterling until 1979 when it free floated, with the country later being in the first tranche of those entering the Euro.
JAS