Jim Mellon, the Chairman of the Burnbrae Group, has warned the currency will become a victim in the growing anti-establishment surge which will cause the EU to fracture - all within five years.

He said: "Brexit is going to be a sideshow to the problems of Europe that are becoming more and more evident. 

"The euro as it stands at the moment is just a very inappropriate mechanism — I give the euro between one and five years of life."