This is a largely factual explainer by the Institute for Government of the issues around a referendum and the results of its success.

Launching a new currency in the modern digital age is complex – it is a process with a lot of moving parts – but it is not impossibly difficult.

This paper lays out a three year timetable starting from shortly after a Scottish independence referendum and culminating in the launch of a new currency on Independence Day.

The blueprint is informed by existing precedents including the launch of the euro and comprises the most detailed and authoritative paper yet produced on how to introduce a Scottish currency in the event of independence.