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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