No to the euro will cost the UK

The costs are certain for the UK in delaying joining the euro - but the benefits are not - argues a report by 11 world-renowned economists published today. CentralBankNet reports from the presentation.

Delaying entry will damage Britain's trade prospects, reduce foreign investment and weaken the City the report argues. At the same time "wait and see" is a poor option. Britain faces isolation as the Eurozone will continue to converge economically and Europe's economic governance will be finalis