Business leaders have gone off Britain joining the euro, according to the latest MORI captains of industry survey.
While about seven in 10 favoured scrapping the pound for the single currency in 1998, now less than half believe it is in the country’s economic interest. In that period, there has been a swing of about 25% against joining the euro, despite its recent strength against the US dollar.
The fieldwork for the annual survey was taken between late August and the end of October.
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