Blair plans new drive to ‘talk up’ the euro

Tony Blair, the UK Prime Minister, is being urged to refer to the problems of the exchange rate between the pound and the euro in every speech he makes on Europe to try to persuade the markets to lower the value of sterling. The UK Treasury believes that the pound's exchange rate with the single currency is the biggest bar to British membership this Parliament. [To find full text of article use 'More search options' on homepage.]