We believe Brexit's not working. The OBR judges that the UK economy is smaller and trade is weaker because of Brexit, and it will just get worse. 10 years after the Brexit vote, let's apply to rejoin the EU, reverse the damage, boost growth, increase tax revenues and restore opportunities in the UK
The Euro conversion is not a hard requirement - primarily because adopting the Euro has a bunch of requirements (the Maastricht criteria), which the UK wouldn’t pass at this time.
Any new EU member would need to pledge that they will adopt the Euro once matching the criteria, but look at e.g. Denmark - they’ve been pending full Eurozone membership for over a decade, fit all the criteria, yet aren’t legally required to make the step to convert to Euro. And they have no special status or exemption.
There’s also the final criteria of legal compatibility - which the UK wouldn’t have, purely due to the fact that the Sterling Pound is always to have the face of the reigning royal, and EU laws strictly prohibit putting faces of either dead or alive political leaders (even “politically neutral” people can be problematic, whose primary contributions were to sciences or art, which is why most Euro notes and coins have regional symbols like buildings).
No, the main reason the UK won’t rejoin is because the twats in Parliament would not want a worse deal than prior to leaving - which gave the UK much more leeway than an average member, much more power, and honestly, is a good thing that such exceptionalism won’t be returned.
The Euro conversion is not a hard requirement - primarily because adopting the Euro has a bunch of requirements (the Maastricht criteria), which the UK wouldn’t pass at this time.
Any new EU member would need to pledge that they will adopt the Euro once matching the criteria, but look at e.g. Denmark - they’ve been pending full Eurozone membership for over a decade, fit all the criteria, yet aren’t legally required to make the step to convert to Euro. And they have no special status or exemption.
There’s also the final criteria of legal compatibility - which the UK wouldn’t have, purely due to the fact that the Sterling Pound is always to have the face of the reigning royal, and EU laws strictly prohibit putting faces of either dead or alive political leaders (even “politically neutral” people can be problematic, whose primary contributions were to sciences or art, which is why most Euro notes and coins have regional symbols like buildings).
No, the main reason the UK won’t rejoin is because the twats in Parliament would not want a worse deal than prior to leaving - which gave the UK much more leeway than an average member, much more power, and honestly, is a good thing that such exceptionalism won’t be returned.