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.