Finance directors of smaller businesses say Britain does not need to join the euro for their companies to have a healthy future. A resounding 64% of FDs questioned in this week's Accountancy Age Big Question, conducted by Reed Accountancy Personnel, said they were confident Britain's businesses had a future outside of Euroland. The result followed this week's announcement by Confederation of British Industry president Sir Clive Thompson at its annual conference that the willingness of the government 'to lead (businesses into Europe) will be a vital determinant of the final outcome'. But the Big Question shows the government still has some way to go in persuading business of the benefits to be had on the inside of the eurozone. 'I would have thought that more trade is done outside Europe than in Europe,' said Paresh Samat, financial director at SBJ Employment and Safety Services. 'The future of Britain's business has to be in the rest of the world. We need to compete with Europe and obtain business from countries around the world.' But some FDs said euro entry was essential for their continued business success. 'We are too far into Europe to withdraw now. Despite what anyone thinks, it is not possible for us to use the opt-out clause,' pointed out one FD. 'People need to stop pretending we can avoid Europe as we are part of it. We need to concentrate on working with Europe and focus on the regulations which will affect us.'
Allen died from complications of non-Hodgkin's lymphoma
Stanford researchers made the discovery via data from Greenland
Created via a thin, flexible, and transparent hierarchical nanocomposite film
Rolls Royce will use AI powered by Intel's Xeon Gold processors and SSDs for memory