Euro-rebels unmoved by Chancellor's pledge pledge promises
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Tonight's expected promise by Kenneth Clarke of extra British preconditions for a single currency will fail to satisfy hardcore Euro rebels excluded from the parliamentary Tory party, it emerged last night, writes Patricia Wynn Davies.
Sir Teddy Taylor, one of the eight who have drawn up their own European manifesto, insisted that even given the Chancellor's pledge of additions to the economic convergence conditions in the Maastricht treaty, two crucial questions would remain unanswered.
The impasse will delay still further the rebels' return to the party fold, perpetuating John Major's embarrassment over leading a technical minority government. Sir Teddy, angered by this week's revelation that Britain is already investing in the European Monetary Institute, which monitors convergence progress, said the two outstanding questions were: "Is it true that we are working to convergence criteria? And will you link the pound to a European currency when it comes about?"
Sir Teddy, MP for Southend East, attacked the decision by the Bank of England to invest £74.37m towards the running costs of the Frankfurt-based institute as "absolutely appalling".
Britain `marginalised', page 12
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments