You have hit the nail on the head Sara, a Free Market Economy.We all know that competitive rates in many instances make a contract, however we only have to look at Europe as a whole to appreciate that one monetary rate is not viable, Greece,Portugal,Spain including all of the other European holiday countries are in dreadful economic straits because of having only one currency tourists are just not going there, therefore hotels are getting rid of staff result unemployment-economy going downhill-food prices astronomical. We all save to go on holiday, when countries had there own currencies it was more than possible to have a great holiday whilst not being as expensive as the UK,now go on holiday to any European country and it cost more than most people can afford, people are going to countries that still have there own currencies. Purely because they are getting more for there money. Financially we need exchange rates to boost economies and competitive prices to ensure that boost. How long has this the 3rd go at the Euro been in place, whenever before did we hear of countries going bankrupt, Countries now are held to ransom to borrow you only have to look at Ireland, they had a Referendum that quite emphatically stated the Irish peoples wishes not to be in Europe and were made to have a second referendum. It is not good for a countries parliament not to run it's own destiny, I am proud to be English and British I refuse to have my identity taken away. It is approx 12 to 13 years since any Audit company have signed off the expenditure on Europe and they are first class and refuse to put there well respected company names to such false expenditure, that says it all. The British Isles were self contained once and we survived on our own, now unfortunately we are owned lock stock and barrel by foreign companies, this contract just given to Siemens for 1.4 Billion pounds resulted in the redundancies of 1400 people, did no one think about that, the contract price may have been better but in the long run it will be worse for we the people and the economy, government should have learnt from the Kraft Fiasco.
Dawn Hardy ● 5147d