MPs told urgent plans needed in case of euro collapse

clock

Ministers have been urged by an influential committee to draw up a plan of action to help the country cope in the event of a eurozone collapse.

A joint committee of MPs and peers who are part of the UK's National Security Strategy (NSS) said ministers needed to prepare plans to deal with a break-up of the eurozone "as a matter of urgency", despite recent signs the crisis on the continent is coming under control. According to the BBC, the NSS said the full or partial collapse of the single currency was "plausible". It said a collapse could lead to political unrest and a rise in the number of economic migrants trying to enter the UK, and urged ministers to come up with some solutions to such outcomes. "International economic...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Tariffs drive record fall in UK exports to US

Tariffs drive record fall in UK exports to US

Imports fall by £400m

Linus Uhlig
clock 12 June 2025 • 2 min read
Partner Insight: What are the implications of policies of the Trump Administration on EMD?

Partner Insight: What are the implications of policies of the Trump Administration on EMD?

Matthew Murphy, Institutional Portfolio Manager of the Emerging Markets Team at Morgan Stanley Investment Management (MSIM), shared his view on the implications of the policies introduced by the Trump Administration for emerging market debt (EMD). Murphy then explained the firm’s approach to the EMD segment.

Matthew Murphy, Institutional Portfolio Manager of the Emerging Markets Team at Morgan Stanley Investment Management (MSIM)
clock 12 June 2025 • 7 min read
US-China trade talks progress pending framework approval from Trump and Xi

US-China trade talks progress pending framework approval from Trump and Xi

Following London meetings

Linus Uhlig
clock 11 June 2025 • 1 min read
Trustpilot
Loading page