Bank of England says has contingency plans for Scotland currency uncertainty

LONDON Wed Aug 13, 2014 12:34pm BST

Bank of England Governor Mark Carney listens to a journalist's question during the bank's quarterly inflation report news conference at the Bank of England in London August 13, 2014.  REUTERS/Suzanne Plunkett

Bank of England Governor Mark Carney listens to a journalist's question during the bank's quarterly inflation report news conference at the Bank of England in London August 13, 2014.

Credit: Reuters/Suzanne Plunkett

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LONDON (Reuters) - The Bank of England has contingency plans in the event that a forthcoming referendum on Scottish independence undermines Britain's financial stability, Governor Mark Carney said on Wednesday.

Speaking at a news conference in London ahead of a Scottish independence referendum on Sept. 18, Carney said the bank was ready to deal with any eventuality regardless of how Scots vote. Polls currently show they are likely to reject a breakaway.

"Uncertainty about the currency arrangements could raise financial stability issues," Carney told reporters."We have contingency plans."

Scottish National Party leader Alex Salmond says an independent Scotland could keep the pound even though British government ministers have repeatedly ruled out a currency union.

(Writing by Guy Faulconbridge; Editing by Andrew Osborn)

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