Britain must stay in EU, warns CBI chief

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Series Details 31.12.12
Publication Date 31/12/2012
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Business leaders in the UK want the EU to address its structural flaws but they do not want Britain to 'throw the baby out with the bathwater' in its future relationship with the rest of Europe. John Cridland has warned.

John Cridland the director-general of the CBI employers’ group said in his New Year’s 2013 message that the UK must carve out a new global trading role as part of a rapidly changing EU.

Mr Cridland’s remarks reflected growing concern among pro-EU business leaders about backbench pressure on David Cameron to promise an in-out referendum, which could cause economic uncertainty and deter inward investment.

In a letter sent to the FT on the 8 January 2013 leading British business figures warned David Cameron that he risked destabilising the economy inadvertently taking Britain out of the EU, if he tried to seek a 'wholesale renegotiation of our EU membership'.

Related Links
http://www.bnegroup.org/ http://www.bnegroup.org/
CBI: Press Release, 31.12.12: UK must carve out a new trading role in the world for 2013, urges CBI Director-General http://www.cbi.org.uk/media-centre/press-releases/2012/12/uk-must-carve-out-a-new-trading-role-in-the-world-for-2013-cbi/
BBC News, 31.12.12: CBI: UK must stay in Europe to boost business success http://www.bbc.co.uk/news/business-20873915
ESO: Background information: London could make EU 'unravel' http://www.europeansources.info/record/london-could-make-eu-unravel/
ESO: Background information: Britain will be weaker without EU, says USA http://www.europeansources.info/record/britain-will-be-weaker-without-eu-says-usa/
BBC News, 31.12.12: EU federalists: UK could be 'associate member' http://www.bbc.co.uk/news/world-europe-20875755
BBC News, 09.01.13: Business leaders urge Cameron not to 'risk' EU membership http://www.bbc.co.uk/news/uk-politics-20956130

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