I happen to think not. Or rather my instinct tells me that that is not what is best for the UK.

Maybe this boils down to an aesthetic point of view rather than an economic or political one?

On the economic merits, this article by Martin Wolf sums up my view on the merits much more cogently than I can.

Let’s stay flexible.

In any case, the proponents of Eurozone entry face horrendous obstacles for the foreseeable future.

They would have to call a referendum.

A sizeable bloc of voters would say No for primal Eurosceptic reasons.

A further bloc would say No because they were persuaded on the merits that No was the better option.

And another sizeable bloc would say No to anything, simply to oppose whatever the government of the day proposed.

Who would want to bet on getting a Yes majority under those circumstances? And waste precious political capital trying to do so?