The outsider in the leadership race has joined with Economist Dr Tim Rideout of the Scottish Currency Group, in helping to forward the ‘untested’ plans
By Democrat reporter
First Minister candidate Ash Regan has officially announced her intention to back the SNP in adopting a Scottish currency in post Scexit.
The outsider candidate has joined forced with economist Dr Tim Rideout, Convener of the Scottish Currency Group, as part of her strategic planning for an imagined independent Scotland.
She said she does not support setting tests before a currency is introduced and, if she becomes First Minister, commits herself to explore immediately what steps can betaken within the powers of the Scottish Parliament to begin to build the infrastructure of a new currency immediately.
Commenting on her position on a post-Independence currency the former minister said: “If I become the leader of the SNP I will certainly encourage the Party to look again at its position on currency. I don’t believe a country can be truly independent if it is using another currency but has no say over how that currency is managed.
“It is not for me to dictate to the Party what our final position on this should be, but I will make clear that I think the best option for Scotland is for us to move as quickly as is practicable to our own currency. I also believe that if we prepare properly before we have a vote on independence then the timescale for implementing a currency can be short.
“That is why I also promise, that if I become First Minister, I will explore what steps can be taken now under the powers of the Scottish Parliament to start to build the infrastructure of a new currency. If we are to be serious about independence then we need to get our preparations right, and I believe we can start to build the outline of an independent country now.
“My view of this isn’t only informed by the economics, though I think the economics make clear that it is a foolhardy country that thinks it can prosper in the global economy without the backing of a powerful central bank, it is also informed by my belief that if we want the public to have the courage to choose independence then they must see us having the courage to do what it takes to make a successful nation.
“I don’t believe that continually deliberating about when we will get round to introducing our own currency shows that courage.”
She added she has met with Economist Dr Tim Rideout of the Scottish Currency Group, in helping to forward the plans.
Ms Regan added: “It’s all about getting the brightest and best in the room – a lot of the groundwork has been done, this is the power of our movement, that I what I set out to do.”
Of the proposals Dr Rideout said: “I attended the launch of Ash Regan’s campaign on Friday. I think the SNP membership and the Scottish Currency Group will love her currency policy. It will be just what is needed to get the Indy case moving forward.”
The academic was a member of the SNP’s policy development committee and runs a cross-party group about currency. He was previously suspended from the SNP for a racist post about Priti Patel MP. Posting on social media, he claimed the then-home secretary should be sent “back to Uganda” in a row over Ukrainian refugees.
Among the outsider’s other policy pledges she says a 50 per cent plus one vote for Scexit parties would be enough to start secession negotiations with the UK Government and claimed EVERY election would be in effect a ‘de facto’ referendum. Despite that, she has also tried to distance herself from Nicola Sturgeon’s own de facto indyref plan.
The the first hustings event due for the First Minister leadership race will take place in Cumbernauld on Wednesday evening.
The event will see Finance Minister Kate Forbes, Scottish Health Secretary Humza Yousaf and the former community safety minister Ash Regan questioned by party members. But with the media controversially excluded.