The average Brit is £2,200 a year better off than Europeans because we kept the pound. Figures show households here enjoy a far better standard of living than in Spain, France, Germany or Italy. Our “purchasing power” per head is £2,214 higher than the average of the other four major economies. And it is all because Britain did NOT join the euro, reports The Economist’s The World in 2007 dossier.
The findings are a vindication of The SunÂ’s Keep the Pound campaign.
| Heh, neener, neener. |
Their advice flies in the face of a study by City experts Grant Thornton showing the UK has boomed while euro countries have nosedived since the launch of the single currency.
| "No, no, NO! Do it over until you get the right result!" |
Chancellor Gordon Brown freed the Bank of England to fix UK rates free from political meddling in 1997 — and blocked membership of the euro.
The UK will grow by around three per cent next year. Last night a spokesman for the Chancellor said: “Back in 1997, we were dead last of the richer nations when it came to income per head. Now we’re up to second behind the United States.”
Chatham House bosses said Britain needs to distance itself from the US after events in Iraq. They reported that we need to ditch the pound and drop our immigration policies to prove ourselves “good Europeans”. But Foreign Secretary Margaret Beckett said: “This paper is threadbare, insubstantial and plain wrong.”
| Lol. Red Meat! Get yer Bangers here! Lol. Sheesh, facts never get in the way of Labour. |
