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Scottish money is still legal tender in England, but for how long? ©David Cheskin/PA Archive/Press Association Images

The Smith Commission Report was released this morning, outlining the powers that will be devolved from Westminster to the Scottish parliament in Holyrood. One detail stood out above all others.

Scotland will have more tax-raising powers, more control over welfare spending and the structure of its welfare system and the Scottish Parliament will gain more control…

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