Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 20th July 2000.
The right course of action is to consider the matter in terms of the economic interests of the country and to make a proper assessment early in the next Parliament with a view that, if an assessment recommended yes, the Cabinet, the Government and then Parliament and the people would make the final decision. What is not respectable is the position of Conservative Members because the shadow Chancellor is on record as saying that a single currency
would mean giving up the government of the UK. No British Government can give up the government of the UK. That's impossible.
However, a few months later, on "Breakfast with Frost", he said:
No I wouldn't say I'm a never man.