Cameron’s EU Speech Puts U.K. Economy at Risk, Cable Says
This article is for subscribers only.
Business Secretary Vince Cable will say Prime Minister David Cameron would put the U.K. economy at risk if he raises the prospect of a British exit from the European Union.
Cable, a Liberal Democrat member of Cameron’s Conservative-led coalition, will say in a speech today that while there’s a case for a referendum on the EU, announcing it years in advance will create uncertainty and discourage businesses from investing. At the same time, Douglas Alexander, foreign affairs spokesman for the Labour opposition, will say Cameron’s hand has been forced by his own lawmakers.