The euro is the single currency shared by 12 EU member states. Euro notes and coins were introduced on 1 January 2002. The UK is not currently part of the European single currency. But as the eurozone accounts for over half of the UK’s foreign trade, it has implications for a large number of UK businesses. This briefing explains:
- Which businesses are affected.
- How companies trading with the eurozone are affected.
- What you can do to adapt to the single currency.
- What would happen if the UK joined.
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