Branson and Dyson back euro

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The Independent Online

Sir Richard Branson, the Virgin boss, and James Dyson, the inventor, are to come out in support of the campaign to join the single European currency.

The pro-euro campaign group, "Britain in Europe", is hoping to announce in the next few days that the two high-profile businessmen have joined the organisation.

Their membership will provide an extra fillip to the "Yes" campaign, which this week was boosted by Ken Clarke, a euro supporter, standing for the Tory Party leadership, and also by a pro-euro letter from 50 top City figures in the press.

Sir Richard Branson told the Independent on Sunday: "To me, and most of the British people, it seems pretty obvious that when the conditions are right we will end up in the euro.

"The alternative might be a horrible situation where we are squeezed between the dollar and the euro and have a long period of instability."

Mr Dyson was even more enthusiastic with his backing. "I am a great supporter of the single currency. I want to help British manufacturers export their products to Europe. Certain people say that supporting the euro is anti-British, but I think it is quite the opposite. I am very happy to stand up and be counted."