Me!!!
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Because we would like to keep our own independent currency. Also we don't need to swap top the Euro unlike many other European countries who had no choice. |
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tanika971
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I personally think that we should stick with the pound, because switching would put heavy strain on banks and industries, also it would take ages to switch and people wouldn't be used to the value of products and exchange rates in euros. However I do realise it would be easier to spend money abroad but is it worth it? And also I don’t know why there’s so much pressure for us to convert, we’re doing pretty well compared to other currencies.. I'm sick of Brussels telling us what we can and cannot do. They only make the regulations for their own benefit, and we lose out every time. They've killed off our fishing, agriculture,steel, and other industries, too many to list. But its OK for them to dredge British waters with factory ships, killing off the breeding grounds, and were having to pay through the nose o import practically everything, as they've all but finished off British industry. Get out now, bring back old style apprenticeships, and let us be Great Britain again. |
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We don't like strangers
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How dare You. |
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lockewell
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Apart from the finacial downfall of the Euro, even if were beneficial, it is not our currency. We are Great Britain, and the pound and the English channel between us and mainland Europe are all that separates us from our 'friends'. Out of principle, we won't take it. Not for many years at least, by then the old guard would be dead and buried and attitudes won't be the same. But for now, long live the pound!!
Generally your average brit may go on holiday once a year somewhere in Europe (if at all), or just a day trip on the ferry to France on a booze run. People that argue the convenience issue are far by the minority, I don't mind to exchange money perhaps just once a year if at all, neither do most people. Why should we have a note or coin that has no bearing on our nation? Crazy |
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jthelad@ymail.com
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Because by doing so we would lose our ability to control our own economy.
By joining the Euro, we would give up power over interest rates to the ECB (European Central Bank). This would make us vulnerable to increases or decreases in the rate which, although potentially beneficial for other european nations, would not be beneficial for us due to our different economic structure and our different position on the cycle.
Further more, our exchange rate would change according to the strength of Euro economies as a whole: if other countries have disasterous government borrowing/inflation etc then the euro exchange rate with the dollar or the Yen might depreciate even though the UK is actually economically healthy.
In short it is because through joining the Euro we would become far more exposed to the economic welfare of the other countries in the eurozone. We would suffer as a result of any of their failings and we would not be able to control our interest rate and financial regulations independantly.
It does have many trade benefits but the governement decided that autonomy and the ability to make decisions when we wished for our own country was more important. |
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whereisbob
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main reason apart from the country feeling non european is to keep our interest rate rather than use the european banks rate which we need at the mo but it may happen in time with more economic stability |
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allen555
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Because Gordon Brown set specific targets before the UK economy was ready to join the Euro.
http://www.bizhelp24.com/export-import/uk-business-joining-the-euro-2.html
There is a lot on the www regarding the pro's and cons but this just about covers it.
The Great British Pound is an institution in the UK and most people are against Euro membership.
Those of us who remember the 15th February 1971 when we went decimal will remember how prices rose at an alarming rate after that event. Further to that I know from holidays in Spain that prices rocketed there when they joined the Euro. |
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paulred2
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the british public think their economy is better off that way... but really british people are generally afraid of change in any form. they don't see the convenience, or economic benefits. |
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Indiana Jones
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Well most of the answers so far are plain wrong. It has nothing to do with the relative value of euro/pound as this has been quite stable now at about 1.5 euros per pound. It has all to do with the ability of the UK to fix their own interest rates through the bank of england compared to the eurozone where interest rates are fixed by the european central bank. Interest rates are switched around amongst other things to control inflation and what is good for one country may not be good for another. Because the UK has a lot of financial elements to its economy insurance and global trading to name a few, the UK would lose control over setting financial rules and interest rates applicable in the UK if it joined the eurozone. As it happens we enjoy lower interest rates in the eurozone so we get cheaper mortgages but less on investments. UK has this crazy speculative attitude to housing so interest rates have had to be raised to "cool the boom". The UK eceonomy is hovering now with a high liklihood of a sharp drop in property prices and many will think this a bad idea but actuallt it is not except for those making money out of us poor average people who treat houses as homes. The government has to balance interest rates so control inflation which then impacts on global exchange rates and therefore the ability of industry to import and export goods. This then knocks on to our own level of unemployment and if it were not controlled you might just find a few more million people in the UK unemployed and no income to the government to fund all our national services. |
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NO1TOPICS
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The UK are leaders not followers. |
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boojumuk
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Because we are a bunch of awkward bastards who have never really thought of ourselves as Europeans, and quite rightly too, Europeans live in Europe, we live on our little islands. |
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Misunderstood
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Because the pound is a strong currency.
We will eventually change to the euro but not just yet what with all the credit crunch and inflation going on around us. It will take at least 10 years before that happens. |
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Meg
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The pound is too strong against other currencies so we would lose out. |
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C B
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The right wing press have had the knives out for the Euro for years which has poisoned public opinion. If we were in the Euro now we would be enjoying the benefit of a strong currency and as we are a net importer of goods then this would be good for us as consumers. Products from Europe and holidays in Europe which is the most favoured holiday zone for the Uk would also be cheaper. |
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QueenDiamond
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Cos we don't want to! we are not going to lose UK queen! |
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Sean F
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because we don't want to! |
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♥ Harrii ♥ ♥BFC ♥
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cause its pride of britain |
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If you say so...
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Don't do it.
Hold onto your pounds.
The euro aint worth Jack sh!t.
Wish we still had our pounds. |
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leedsrocks
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Pro nationalists
Lack of education
Brown wants to remain good in the public's eye
The public supports the pound
The pound is a stronger currency than the euro
UK is strong as a financial centre
Ignorance |
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simbizzle
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because its crap i really hope we never change |
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~Ben~
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because are pound is to strong |
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Indelible
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Their money or something like that is worth a lot more so they will actually be the last of the European countries to convert to the euro...or so I've heard. |
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h_a_l_l_a_r
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Why don't pink elephants come running down the mountains?
Same answer: It just is and never will be |
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¿»Probable Mention«?
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Don't be vile...*spits at euro* |
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Katie-x
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Don't know,
we are doing someday though i've heard (as we are in the Europeasn Union :@ )
It might not be so much at the moment, but the GBP is normally strong to different currencies.
Anyway, i don't think we want to change, were happy. The british i know are happy with the GBP :D |
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