World Business News

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EU exit will harm UK, says leading British industry group

Zone(s): UK, EU ¦ Sector(s): EU Membership
[28 June 2014, The Observer/Guardian]  The leader of Britain’s biggest business group has said that the country’s economic success depends on it remaining a full member of the EU, after senior Tories revealed that more than 150 of the party’s MPs would campaign to leave the union in a referendum.

The warning, from CBI director general John Cridland, came after David Cameron admitted on Friday that he now faced an uphill struggle to convince the British people to remain inside the EU, in the run up to an in/out referendum which he has promised to hold by the end of 2017.



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