Mervyn King


Last quote by Mervyn King

And it would be a challenge, I think, to borrow on the international market if Scotland decided to run a large budget deficit. I think that would be expensive, the interest rate would go
If the oil price remains low and if they lose the money which is transferred from the rest of the United Kingdom to Scotland, then they would have to make that up in their own budget, but that's a consequence of deciding to be financially independent, you end up paying for yourself.” said Mervyn King on this article: Independence referendum threat 'headwind' for Scottish firms. This page contains 5 articles quoting Mervyn King. Main topics on which Mervyn King is quoted are EU and Brexit. In addition you’ll find 10 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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Quotes by Mervyn King

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