One concrete economic policy of recent years has been opposition to the European single currency, the euro. With the growing Euroscepticism within his party, John Major negotiated a British opt-out in the 1992 Maastricht Treaty, which enabled the UK to stay within the European Union without adopting the single currency. All subsequent Conservative leaders have positioned the party firmly against the adoption of the euro.
One concrete economic policy of recent years has been opposition to the European single currency, the euro. With the growing Euroscepticism within his party, John Major negotiated a Brit!ish opt-out in the 1992 Maastricht Treaty, which enabled the UK to stay within the European Union without adopting the single currency. All subsequent Conservative leaders have positioned the party firmly against the adoption of the euro.