The cost of delaying a euro policy
Article Abstract:
There are genuine economic costs associated with the UK government's policy of delaying a decision on joining European monetary union. However, neither Prime Minister Tony Blair nor Chancellor Gordon Brown seem able to understand this. The euro removes the final obstacles to a genuine single European market, but the UK has yet to become involved. There is already a steady downwards pressure on prices and profit margins in Europe, but consumers in the UK are not benefiting from this.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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Euro entry must wait on a fruitful exchange rate
Article Abstract:
Issues concerning possible UK membership of European monetary union are discussed. Particular attention is given to the negative views expressed by Bank of England Governor Sir Edward George.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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