As someone who works in the city and has knowledge of the financial markets, can you help someone with a simplistic view of the Euro like me.
Why doesn't the UK join the Euro, as far as I can see it would make things a lot simpler for people when travelling into Europe. The international unit of currency as far as me and my aquaintances are concerned, is the 'Pint of Beer'.
Friends would travel far and wide and on their return the usual question from the Ladies is "What was it like" and "Was it Sunny?" and from the Blokes "How much was a Pint?"
From their response you can judge whether it was a rich or poor country they had just returned from. Now, if everyone had the Euro, this would make the quick mental arithmetic involved to change Euros into Sterling redundant and give a far more accurate view on the state of a nations economy.
"One Euro and 39 Cents" is more meaningful than "A pint? about 2 quid." We can always have the queens head on one side and Isambard kingdom Brunel on the other for the Euro sceptics.
Or are there wider implications? A simple explanation please.