Euro won’t lower prices, say UK buyers
3 April 2012
Most UK purchasers don’t believe that the introduction of the euro will allow them to negotiate lower prices.
According to a survey by Visa Purchasing and Supply Management, although Britain is not in the euro-zone, nearly 80 per cent of UK purchasers in manufacturing, services and public sectors say that the euro will make price differentials between countries more transparent.
But a third of respondents in each sector did not think that the single currency’s arrival...