Clarke and Brown's common currency

Article Abstract:

UK chancellor Kenneth Clarke and prime minister John Major have been able to reach an agreement on a very carefully worded statement indicating that it is very unlikely that the UK would join a single European currency on Jan 01, 1999. This can be interpreted as bowing to Eurosceptic influences in the Conservative party, but there is a limit to how overtly nationalistic an election campaign the party can fight. It is likely that shadow chancellor Gordon Brown will make a similar statement before the general election, reflecting the pragmatic nature of the Labour party's pro-European stance.

Political aspects

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Gordon Brown crosses the monetary Rubicon

Article Abstract:

The United Kingdom is commited to joining European monetary union (Emu) in the medium term, following a statement by Gordon Brown to the House of Commons. The ruling Labor party had previously been less commited to Emu, and the statement represents a change in policy and will mean that the Labor party will be taking a different stance from the Conservative party on this issue in the next election. The government has the task of persuading the public of the benefits of this policy.

Labour Party (United Kingdom), Western Europe

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The grey man turns purple

Article Abstract:

UK prime minister John Major has shown genuine anger over the way the beef crisis has been handled by some European Union countries. He has even been prompted to state that the UK will not cooperate with the European Union until other countries take clear moves towards lifting the ban on trade in British beef. This issue has come to dominate politics in the UK, and the government now seems to have realised that it can no longer pursue the route of patient diplomacy.

International trade, Beef

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