With the bridge over the Kerch Straight having just been blown up and Russia threatening “judgement day”, it is hard to believe that the SNP is still considering an unofficial independence referendum in a little more than a year. I know let’s abolish the British Armed Forces and leave its nuclear deterrent homeless just when Mr Putin is threatening us with nuclear war. Sounds like a plan.

But even so it is necessary to counter SNP arguments and misconceptions because they form a key part of the debate in Scotland which determines how we vote. We have now reached perhaps the most important of those arguments and the one that destroyed the SNP’s chances in 2014. What currency would Scotland have after independence?

The SNP’s preferred option in 2014 was to retain sterling in a currency union with the former UK. But as with every one of the SNP’s plans for independence just because you ask for something doesn’t mean you get it. This is obviously the case when you depend on the agreement of someone else. The UK Government wasn’t interested in currency union and for a very good reason.

Euroland has currency union without political union, but it at least is theoretically moving towards political union. If Scotland is moving in the opposite direction, it makes no sense for it to seek currency union. It would make the Bank of England play the role of the European Central Bank to a foreign land Scotland, it would turn the pound into the equivalent of the Euro and would bring few benefits to the former UK but many liabilities.

Want to see more SNP fails? – Health Matters