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Tuesday, September 28, 1999 Published at 09:45 GMT 10:45 UK

UK Politics

UK won't 'lose out' on euro - Cook

Robin Cook: The UK should sign up to a successful euro

Foreign Secretary Robin Cook has told the Labour conference that the government will not let the UK "lose out" by failing to sign up to the euro should it prove successful.

Mr Cook told party delegates in Bournemouth: "If our economic tests are met, Labour will not let Britain lose out by staying out."

On Monday evening, Mr Cook further outlined what he sees as the benefits of the UK's relationship with Europe when he became the first Cabinet minister to appear on the platform of pro-European pressure group Britain In Europe at a conference fringe meeting.

Robin Cook: Economic conditions could become more favourable inside Europe
The group has recently received the approval of Prime Minister Tony Blair and the former Tory Cabinet ministers, Michael Heseltine and Kenneth Clarke.

But Britain In Europe has also been the centre of controversy after it toned down its aims from seeking an early entry into the euro to calling for the UK to play a leading role in Europe and to explain the possible benefits of the single currency.

Labour is committed to putting the issue of whether to join the single currency to the electorate in a referendum after the next general election.

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