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Britain as a country are being asked to decide whether to get rid of the pound and join Europe's new single currency, the euro.
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Sunday February 18, 2001 Britain as a country are being asked to decide whether to get rid of the pound and join Europe's new single currency, the euro. It will probably be the most important economic and political decision Britain will have to make in the first half of the twenty-first century. It will affect the economy and businesses and every citizen. Yet survey after survey has shown that most British people feel too ill-informed to make an educated decision (The Guardian, 2001). In contrast to Denmark, citizens generally felt very well informed about it before rejecting it in a referendum. If Britain were to join the single currency it could lead to greater prosperity, lower inflation, more jobs and greater national influence. Or it could lead to higher unemployment, failing businesses and a loss of national sovereignty. It is a complex debate, with powerful arguments both for and against...
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