Far be it for me to cause further dissension between Glasgow and Edinburgh and to speak ill of the dead, but if Donald Dewar made a mistake about the location of the building it was that he should have chosen Glasgow, as it is the biggest city in Scotland.
The pound sterling (symbol: Â£ ; ISO code: GBP), commonly known simply as the pound, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny).s the central bank of the United Kingdom which has been delegated authority by the government, the Bank of England sets the monetary policy for the British pound by controlling the amount of money in circulation.
United Kingdom (England, Wales, Scotland and Northern Ireland) Britain is one of the largest countries in terms of people and the economy that is not on the Euro. If you take Euros to the UK you will need to change them in banks. Click here for the British Pound monthly rates history. Britain (or the United Kingdom) is made up of England, Scotland, Northern Ireland and Wales. English Pounds are used throughout the UK but Scotland and Northern Ireland also issue their own notes. These are legal tender but are generally not accepted in England. We sometimes purchase Scottish or Northern Irish Pounds from customers and will resell these to customers going to Scotland or Northern Ireland, but we cannot order them in for customers. The Repubic of Ireland is not part of Britain and uses the Euro. The Currency Exchange keeps a stock of British Pounds (in a range of denominations) so you don't usually need to order them in advance, but that can be a good idea if you are after a larger amount or are travelling at a busy time.