UK Has Better Economic Prospects in EU, Says Government
But that doesn't mean it can't negotiate more independence
The economic benefits of Britain's European Union membership outweigh the loss of independence on policy, the government said on Monday in a review that will underpin Prime Minister David Cameron's plan to renegotiate EU ties and hold a referendum.
Cameron rattled many business leaders, EU members and wider trading partners in January when he promised to claw back powers from Brussels and hold a vote by 2017 on whether to stay inside the 28-nation bloc or leave.
His flagship policy has raised the prospect of Britain leaving its main trading partner after 40 turbulent years marked by arguments about the nature of London's relationship with its European neighbors.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?