AN anti-euro North West organisation says Britain's position as a top location for inward investment won't be affected by the UK not joining the Single Currency.

Business for Sterling points to a recent survey which says the country is the most popular in Europe for inward investment and will be unaffected by Britain not adopting the euro.

David Briggs, North West chairman of Business for Sterling, said: "Thousands of jobs in our region depend on inward investment.

"Britain currently attracts more foreign investment than France and Germany combined.

"This is because we offer a low-tax, lightly regulated environment compared to the eurozone countries."

He added: "We would lose these competitive advantages if we were to give up control of our economy by joining the euro."

Business for Sterling is part of the "No" campaign which opposes joining the euro for the foreseeable future.