One of the keenest debates of the 1990s is that of whether Great Britain should join the European single currency. At the centre of this parliamentary debate is John Redwood. Using his experience as an industrialist, financier and politician, he explains the far-reaching implications of a single currency. Redwood states that monetary union would lead to a European superstate controlled by Brussels, where major issues would be decided that would affect British taxes, employment and benefits. His view is clear, for the sake of the country, Britain must retain its own currency.