Blair to rule out early referendum on euro

A report says a deal has been reached between the UK chancellor Gordon Brown and the prime minister Tony Blair on the issue of a referendum on the euro.

Source: Financial Times

Tony Blair has agreed to rule out an early referendum on British entry to the euro after Gordon Brown insisted this week that the Treasury's five economic tests point to a decisive no.

The chancellor flew on Tuesday from his Scottish constituency to Chequers, the prime minister's country residence, to try to thrash out a