Soros warns UK not to snub euro

UK - Billionaire investment guru George Soros has said that it is "impossible" for Britain to reject adoption of the euro.

Mr Soros, whose currency investments have earned him a formidable reputation, warned that there were still concerns over Europe's single currency.

Harmonisation of taxes among EU states was needed to support a euro which was still "a work in progress", Mr Soros told a UK tv news programme.

But he added that it would be "very difficult and very detrimental for Britain to be