Blair: UK shouldn't rule out joining euro when crisis eases

clock

Former Prime Minister Tony Blair said the UK must keep open the option of joining the euro if the current crisis is resolved.

Speaking on the BBC's Andrew Marr Show yesterday, Blair said the UK faces an ‘interesting choice' about joining the single currency, adding it is essential the UK remains a part of Europe. "There is going to be a huge reconstruction of Europe and the UK needs to be part of it," he said. "We have something to contribute and when this political reconstruction takes place we need to be involved." Commenting on how the eurozone sovereign debt crisis can be solved, Blair said Germany is the continent's only hope. The eurozone can only be saved if Germany is prepared to treat the debt...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Advisers highlight uncertain political and fiscal future after Starmer resignation

Advisers highlight uncertain political and fiscal future after Starmer resignation

Prime minister’s exit places chancellor Rachel Reeves’ position ‘inevitably’ under scrutiny

Isabel Baxter
clock 22 June 2026 • 5 min read
OBR independence 'a major advantage' for UK economy

OBR independence 'a major advantage' for UK economy

Treasury Committee hearing

Alex Sebastian
clock 20 May 2026 • 4 min read
Bank of England warns of future rate uncertainty after vote to hold at 3.75%

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock 30 April 2026 • 2 min read