Handout photo issued by Scottish Parliament of Chief Secretary to the Treasury Danny Alexander MP, giving evidence on Scotland's economic future post-2014 at the Scottish parliament's Economy Energy and Tourism Committee in Edinburgh. PRESS ASSOCIATION Photo. Issue date: Wednesday February 19, 2014. See PA story POLITICS Independence. Photo credit should read: Andrew Cowan/Scottish Parliament/PA WireNOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.
%VIRTUAL-SkimlinksPromo%Homeowners in Scotland could face average annual mortgage increases of almost £5,200 under independence if the Scottish Government walks away from its share of national debt, Chief Secretary to the Treasury Danny Alexander has warned.
Mr Alexander said any threats by Scotland's First Minister Alex Salmond to refuse to take a share of the debt as a result of the UK Government's rejection of a currency union could have a "huge effect on mortgages and businesses".
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