UK hedges its euro bets

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When it comes to the question of the pound joining the euro, UK Chancellor of the Exchequer Gordon B...

When it comes to the question of the pound joining the euro, UK Chancellor of the Exchequer Gordon Brown wants everybody to know he is the boss. The decision belongs to his Government and in particular, to what he calls his "Treasury". Anybody else who has an opinion should put a lid on it, in his view. So, is he in or is he out? None of your business. Whether he and his boss, Prime Minister Tony Blair, will put the matter to the electorate in the form of a referendum will depend on Brown's five points. These involve whether there is a sustainable convergence between the economies ...

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