Brexit, the euro and rejoin | The Federal Trust


We seem set to be entering a real-world experiment: the definitive test of whether, in terms of the capacity to borrow and secure investment, promote trade and employment, in short foster real and sustainable growth, it’s better for a country like the UK to retain its own currency or, like France, be in the monetary union. It’s a test I am very confident the euro will win. This government used the excuse of the pandemic to break a manifesto pledge not to raise taxes for one simple reason: it’s afraid of the markets.”

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