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. Last Updated: 07/27/2016

FT: Blair Wary of Poll




LONDON -- Britain's Labour government may postpone plans to hold a referendum on joining the European single currency, the Financial Times said Monday.


Citing prominent members of the pro-European campaign group, Britain in Europe, the newspaper said senior government ministers are concerned by the depth of public opposition to the euro and will not risk holding a referendum they might lose.


Prime Minister Tony Blair had been expected to call a referendum in the next parliament. He stresses he will only do so when economic conditions are right and when it is clear that joining the euro would be in Britain's interests.


The FT said that expectation was now in doubt.


"Public opinion is going to be difficult to turn around in time, and given Blair's natural caution, it looks increasingly likely he will postpone it," it quoted one source as saying.