In what was seen at Westminster as a significant political development in the single currency debate, a Treasury spokesman said Brown was ‘relaxed’ about the Edinburgh South MPs views which, he said, were ‘perfectly consistent’ with his own.
Griffiths said it was his ‘hunch’ that the five economic tests would be met in June next year and entry to the Euro would follow within months.
But business leaders said there was still ‘significant’ opposition to scrapping the pound and that Griffiths’ timetable was too short for firms to make the changeover.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements