Euro doubts worry British bosses


  • Business
  • Wednesday, 11 Jun 2003

LONDON: Britain’s “yes but not yet” stance on euro entry has drawn support from pro-euro businessmen, but bosses on both sides of the debate said it would prolong uncertainty – the pet hate of companies everywhere. 

The Confederation of British Industry (CBI) reacted warmly to the tightrope-walking policy statement from Chancellor of the Exchequer Gordon Brown, who ruled out joining the euro for now but, in a surprise boost for the pro-euro camp, said he may look at the issue again next year. 

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