Both intention and conditions are genuine. This is the right course for the country, to resolve this issue for the British national interest, the future of our people and their well-being. And it is that national interest that will always come first. I do not dismiss the constitutional or political issues. They are real.
Monetary union is a big step of integration.
But so was the Single European Act. And the EU itself. In finance and business the world is more and more integrated. It is moving closer together. And if joining a single currency is good for British jobs and British industry, if it enhances British power and British influence, I believe it is right for Britain to overcome these constitutional and political arguments and the fears behind them.