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Davidson may back currency union

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Ruth Davidson has said she will back a currency union in the event of a Yes vote “if that is what is best for Scotland”.

The Tory leader was yesterday quizzed on what she would do if Scots supported independence in the September referendum.

Asked if she would campaign for sharing the pound, Miss Davidson said: “We have to look at what is best for Scotland.

“If a currency union is what is best then yes, but actually I think there are merits for an independent currency for an independent country. However, I am not conceding the referendum I think the currency union we have benefits us hugely.”

The comments were seized on by Finance Secretary John Swinney.

He said: “I welcome that Ruth Davidson has joined the growing number of No campaign leaders who support a currency union post-independence.”

Meanwhile, Miss Davidson will this week join the other leaders of the main pro-Union parties to sign a pledge to deliver more powers for Holyrood if there is a No vote.

Labour, the Tories and the Lib Dems have all committed to extending the remit of the Scottish Parliament and the agreement is seen as a way of cementing this promise.

The joint agreement will not spell out which areas they agree on instead, any deal would follow the General Election in 2015.

The SNP has long argued that the only guarantee of more powers is to vote Yes.