... year it was known that a referendum would not be called as Prime Minister Tony Blair had already ruled this out before the start of the year, even if the five economic tests were met in 2003. It was his feeling that there was still too much resentment towards the single currency. Although the top social groups comprised of professionals and managers are strongly pro-euro, the majority of the rest of the population are still believed to be against the adoption of the euro, with a figure estimated to be around 2:1.2 This was further set back through 2003 due to the war in Iraq and the more importantly the Swedish referendum.2 Many regarded the Swedish referendum as a dress rehearsal for a later British referendum on the euro and so the result of the Swedish vote has left many pro - European campaigners in a state of disarray. The Swedish vote ...

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