(12 years, 7 months ago)
Commons ChamberThe right hon. Gentleman asks an important question. I am sure that it is one of many that will be at the heart of the debate about Scotland’s future when we come to the referendum itself, but for now I want to ensure that we can get on with the proper substantive debate.
May I pick up on the important point made by the right hon. Member for Wokingham (Mr Redwood)? During the referendum campaign, there will be claim and counter-claim about the adverse or beneficial effects for the people of Scotland, and by extension for the people of the other parts of the United Kingdom, of separation or retention of the Union. Will the Secretary of State consider, in consultation with all the parties, drawing on the experience of the Office for National Statistics, the Statistics Authority and the Office for Budget Responsibility and deciding whether a body should be set up to provide authoritative factual information about the consequences of separation and union, so that when there is an argument it is at least an argument on a common currency?
The currency question will, of course, also be an issue in the referendum debate. The right hon. Gentleman draws on a lot of experience of the relevant legislation, and he makes an important point. When we hold the substantive debate—which must happen sooner rather than later—it is important that we can turn to agreed sources of information. We can consider that issue at a later date, but I accept the point the right hon. Gentleman makes.