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East Midlands Chamber News

Business Leaders Slam Eurosceptic MPs

April In Business CoverA group of the UK's most prominent business leaders havelaunched a stinging attack on Eurosceptic MPs, accusing them of "putting politics before economics".

In an open letter to the Independent, leading figures from BT, Shell, Lloyds Banking Group and Deloitte and others estimated membership was worth up to £92bn a year to Britain.

But the 19 signatories accepted reforms were needed and urged David Cameron to protect the City from EU ideas which they said put its standing at risk. They also call for the Prime Minister to strengthen and deepen the European single market, to boost Britain’s economy by £110bn.

The move comes amid splits within the Conservative Party over Europe.

On Sunday, Tory grandee Lord Howe accused the prime minister of "running scared" of Eurosceptics and losing control of his party on Europe.

DNCC's In Business magazine took an in-depth look at the EU issue in its April edition, which can still be viewed online here, or by clicking the image above.

Agree? Disagree? Tell us what you think by leaving a comment below, emailing ibsns@ncc.knuiesdc.ou or tweeting us @DNCC_Newsroom.