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Monetary union decried

GEORGE Osborne has rubbished the SNP's central ambition for monetary union between an independent Scotland and the UK, saying it would lead to "greater interdependence, not greater independence".

In a keynote speech to the Scottish CBI in Glasgow, the Chancellor insisted: "Scotland walks taller and shouts louder as part of the United Kingdom." Mr Osborne also declared the UK economy was healing, basing his assertion on private-sector job creation, increased investment and growing exports.

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Local government

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