Loony Labour MEP Mary Honeyball still wants Britain join the Euro. Writing for LabourList she blindly insists that we would have been better off in the single currency all along, suggesting: “Tony Blair’s instincts on the Euro were right, even in the light of the current crisis.” She goes on to warn:

“The UK has once again failed to join the European project at the right time… if a country is not there at the start they stand to miss out on crucial decisions. The Eurozone seems to be going in the direction of some kind of banking union. This will obviously have an effect on the City of London. Being outside whatever kind of union emerges may well prove problematic for our financial services industry. We in Britain should ask ourselves whether we really want a powerful neighbour with a unified banking system which will be able to challenge, not to say get the better of, our most important industry.”

Dangerous…