Should the UK adopt the euro?
The UK uses the pound sterling and is not in the euro. It secured a formal opt-out in 1992, and since leaving the EU in 2020 it has had no obligation or process to join. Prime Minister Andy Burnham is pressing for closer EU ties ahead of a Brussels summit expected around 20 November 2026. That agenda covers border checks, carbon trading and a youth scheme, and does not include the currency. A June 2026 YouGov poll found 49% of people would be less likely to back rejoining the EU if it meant adopting the euro. Sterling recently reached a 16-month high against the euro.
4 Opinions
Absolutely not ! There is no need and no justification to change to a failing currency or any other currency but it would be worse in the case of the Euro which is controlled by the unelected.
The simple reality is as long as the eurozone doesn't have fiscal transfers and a proper united economic policy trying to run a single currency at a set interest rating is always going to be punishing and I have no idea why we would want to do that
Given that the Sterling just hit a 16-month high against the Euro. And handing economic power to the ECB will just be a kiss of death for us where the economy gets managed for the benefit of the continent not the country.
Harness our economy to slow-growth Europe? Our economy doesn't move in lockstep with Europe and this would be a disaster. All the countries that adopted it faced a long period of slow growth.