Transition to euro may cost UK £36bn

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Series Details 17.2.00, p1, 8 (UK edition)
Publication Date 17/02/2000
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Report of a study by Chantrey Vellocott DFK, which estimates the costs of the UK joining the European single currency to be £36bn. An ICM poll also shows that most UK companies will only start preparing for a single currency after a referendum has taken place in the UK. Both reports commissioned by Business for Sterling. The UK Government intends to publish in the Spring an updated version of its National Changeover Plan.

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