Liberal Democrats in Business

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Blair's Euro Statement Prejudges Economic Tests

12.00.00am BST (GMT +0100) Wed 27th Apr 2005

Responding to the Prime Minister's comments that it is unlikely that there will be a referendum on joining the single currency in the next Parliament, Matthew Taylor, Liberal Democrat Chairman, said:

"We had understood that the Chancellor was carefully analysing five economic tests and reporting to Parliament regularly. It is odd for the Prime Minister to prejudge this ongoing process on a television programme.

"Britain's decision whether or not to join the Euro is one of the most important decisions this country could take, and should be a matter for the British public in a referendum."

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