United Kingdom

British Chancellor of the Exchequer Says the EU Must Change

Warns that without change British membership of the organization will be put at risk

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The Chancellor made the threat despite saying that he wants Britain to remain a member of the EU.

David Cameron is preparing to give a major speech about Britain's future in Europe, which could pave the way for a referendum on EU membership.

Some Conservatives say Britain should leave the EU if other members do not agree to much looser membership.