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They'll seriously consider it if the pound drops below parity with the Euro. But as of now, even the liberal papers (guardian) once in favor of joining the Euro are stepping back and saying maybe we should wait.
Myself not being a flag waving fool see the advantages of using the Euro.
1. Cheaper more competitive banking, you can send Euros from one account to another almost anywhere in the EU for free. More competitive mortgages, loans etc.
2. No unfavourable exchange rates when doing business in Europe.
3. A stronger currency against the dollar.
4. The Queen would appear on coins for the Nationalists.
5. Makes it far easier to import and export in the EU.
The bad:
1. Central Bank interest rates won't be controlled by us. But maybe this is a good thing considering the Bank of England will cut rates to 0 before long.
But the British people see it as surrendering some sovereignty rather than good business sense.
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