A Financial Times survey shows the UK’s delay at adopting the euro could be putting substantial sums of inward investment at risk.
The survey of 40 foreign companies with manufacturing bases in the UK showed they would be less likely to invest here if Britain decided against euro entry.
The Treasury published a paper on the British agenda for economic reform in the European Union. It said this should not be taken as a sign of its intent on the single currency.
References: Financial Times 18/02/03 page 1, page 3, page 9