In five new discussion papers published today by the Institute of Directors, the organisation again ...
In five new discussion papers published today by the Institute of Directors, the organisation again puts forward its objections to any plans to join the UK economy with the eurozone given all the dangers involved for UK businesses.
The IoD says the papers are being made available to answer commonly asked questions about the euro in order to foster what it calls an "informed debate".
Some larger international businesses would like to join the eurozone, the IoD admits, but says the majority of British businesses would not benefit, and therefore its recommendation remains that membership should be put off for the "foreseeable future".
Recent opinion polls suggest that holidaying in Europe over the summer has failed to persuade a sceptical British public that the euro would be more useful that pounds and pence, leaving pro-euro politicians facing a more difficult task.
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