We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Business, political leaders back British campaign to stay in EU

Sun, 11th Oct 2015 10:41

LONDON, Oct 11 (Reuters) - Britain's campaign to stay in theEU is ready to make a "patriotic case" that the country wassafer in Europe, it said on Sunday, bringing in leadingbusinessmen, politicians and television personalities to leadthe cause.

Called "Britain Stronger in Europe", the 'in campaign' willlaunch on Monday, keen to show it has broad appeal to fight forBritain's membership of the world's largest trading bloc beforea referendum which Prime Minister David Cameron said will beheld by the end of 2017.

Cameron conceded ground to vocal Eurosceptics in the rulingConservative Party by offering the referendum, hoping to bury anissue that divided the party for years and led to the downfallof two prime ministers.

A day after naming Conservative peer Stuart Rose, formerboss of the Marks and Spencer store chain, as its head,the campaign said on Sunday it would be backed by fellowConservative peer and television personality, Karren Brady, andformer Labour minister, Peter Mandelson, among others.

"With backgrounds in security, culture, business, the youthmovement, trade unions, academia, and politics, our board areready to make the case for why Britain is stronger, safer, andbetter off in Europe," Will Straw, executive director of BritainStronger in Europe, said in a statement.

"We chose the name Britain Stronger in Europe because in thecoming referendum we will make a positive and patriotic casethat it is in Britain's interest to remain part of Europe."

Cameron has pledged to renegotiate Britain's relationshipwith the EU to get "the best of both worlds" by asking forguarantees the country will be kept out of ever closer union andthat the euro is not the EU's official currency, therebyprotecting the pound in a multi-currency union.

He personally favours Britain staying in a reformed EU, buthas said he would not be heartbroken to leave.

Opinion polls are increasingly split over whether the publicwants to stay or not, with a migration crisis in Europe spurringfears about open borders with the 28-member bloc.

The main campaign to leave the European Union, called 'VoteLeave', launched on Thursday, drawing together politicians fromthe ruling Conservatives and opposition Labour party, andbusiness leaders such as billionaire hedge fund manager CrispinOdey.

But 'out' campaigners are split, with Vote Leave competingwith rival campaign, Leave.EU, backed by the Eurosceptic anti-EUUnited Kingdom Independence Party to unlock funding and campaignhelp by becoming the officially designated lobby group. (Reporting by Elizabeth Piper, editing by Susan Thomas)

Related Shares

More News
29 Apr 2024 17:13

Ocado pay policy opposed by 19% of votes cast at annual meeting

LONDON, April 29 (Reuters) - Some 19% of votes cast at Ocado's annual shareholder meeting on Monday opposed the online grocer and technology group's...

23 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 pushes to new high; AB Foods surges

(Alliance News) - The FTSE 100 hit another intraday high on Tuesday, driven by data providing some "fresh optimism" about the UK economy.

23 Apr 2024 08:54

LONDON MARKET OPEN: AB Foods profit soars boosting interim dividend

(Alliance News) - Stock prices in London continued to build on Monday's gains early on Tuesday, thanks to sentiment boosted by the prospect of interes...

23 Apr 2024 08:36

TOP NEWS: Grocery inflation eases again in April despite early Easter

(Alliance News) - Grocery price inflation eased further in April, aided by a significant increase in promotional spending, new data showed on Tuesday.

22 Apr 2024 17:21

London shares climb over 1%, M&A action lifts midcap stocks

FTSE 100 up 1.6%, FTSE 250 adds 1.1% *

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.