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What is the main reason the British don't use the Euro?

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I'm asking this out of curiosity, not because I have an opinion either way. Is it because the GBP is actually stronger than the Euro and they don't want to link their economy to a slightly weaker currency? Or is the UK still waiting to see if the Euro will have longterm success? Or is public opinion in the UK still hesitant to embrace European unity?

I've talked with many Europeans, mainly Germans, Italians, and Luxembourgers, and not everyone in Europe is all excited about the EU and the Euro. Some people are against it. I'm just wondering how the British feel?