Chancellor of the Exchequer

George Osborne on Scottish independence ...Chancellor of the Exchequer George Osborne talks to Harry Bryden during a visit to Haas-Tek, an export-driven business in Lockerbie, Scotland that specialises in the relocation and installation of industrial machinery and equipment. PRESS ASSOCIATION Photo. Picture date: Thursday February 13, 2014. Earlier today Osborne declared in a speech that he would not sign up to a currency union with an independent Scotland, saying such a deal would "not work" and was "not going to happen". See PA story POLITICS Independence.

James Glossop/The Times/PA

George Osborne, chancellor of the exchequer, talks to Harry Bryden during a visit to Haas-Tek, an export-driven business in Lockerbie, Scotland, that specialises in the relocation and installation of industrial machinery and equipment. Earlier on Thursday, Osborne said in a speech that he would not sign up to a currency union with an independent Scotland, saying such a deal would ‘not work’ and was ‘not going to happen’ 

MANCHESTER, ENGLAND - SEPTEMBER 30:  Delegates listen to speeches in the main hall on the second day of the Conservative Party Conference on September 30, 2013 in Manchester, England. Chancellor of the Exchequer George Osborne has unveiled a Government plan for long-term unemployed people to undertake work placements in order to receive their benefits.

Oli Scarff/Getty

Delegates listen to speeches in the main hall on the second day of the Conservative party conference in Manchester, England. George Osborne, the chancellor of the exchequer, unveiled a plan for the long-term unemployed to undertake work placements in order to receive their benefits.