BusinessCompany NewsGovernment review prepares way for euro entry

Government review prepares way for euro entry

Former Bank of England director and Monetary Policy Committee member Christopher Allsopp is to carry out a wide-ranging review of the changes in government information and statistics that will be required for Britain to join the Euro.

Link: FDs’ euro doubts grow

His terms of reference require his first report by the next Pre-Budget Report in the autumn including further information required to support the key objective of economic growth in all regions.

A survey by Accountancy Age this week found that support among FDs for joining the euro has fallen significantly, with just over a third being in favour of joining the single market currency at present.

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