BusinessCompany NewsHoward: ‘We won’t join euro’

Howard: 'We won't join euro'

Conservative leader Michael Howard has pledged that he will never take Britain into the euro, despite offering a more positive approach to Europe than previous Tory heads.

Link: FDs say Howard’s policies pose threat to Blair

In a speech made to heal old wounds within the party over Europe, Howard claimed that Britain would never be involved with the European single currency while he was prime minister but he would move the party towards constructive engagement with Europe.

In an interview with the Financial Times , Howard also pledged to cut taxes by trimming down on governmental red tape and the financial waste it causes.

He has already commissioned Millennium Dome troubleshooter David James to report on government bureaucracy and hopes that up to £80bn of savings can be identified over the course of a parliament.

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