Warning from Bank of England over euro timetable

UK - Ministers must not be tempted into shortening the timetable for scrapping the pound if Britain votes to join the euro, the Bank of England has warned.

The Treasury's National Changeover Plan set a period of 24 to 30 months between the referendum and the introduction of the euro. This means the government would have to hold a euro referendum by the end of next year if the currency is to be in circulation before the last possible date of the next election.

In a report on the transition to the

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