Jan. 9 (Bloomberg) -- Prime Minister David Cameron will commit to keeping Britain in the European Union’s single market, rejecting calls by lawmakers in his Conservative Party for a Swiss-style free-trade agreement, the Spectator magazine said.
The Tory-supporting weekly reported that Cameron will make the case in a speech on the U.K.’s relationship with Europe, due this month, for expanding the single market and may suggest giving EU lawmakers in Brussels more authority to enforce its rules.
“So what does he want in exchange?” the author of the Spectator article, James Forsyth, wrote in an article to be published tomorrow. “His speech will not set out a shopping list; he feels it makes no sense to show his hand too soon. But most things outside the single market and foreign-policy co-operation are up for consideration.”
Regional spending by the 27-nation bloc and its working-time directive are areas in which Cameron will seek to repatriate powers, Forsyth wrote, citing unnamed people in whom Cameron had confided. The pledge to renegotiate would be included in the Tories’ 2015 election program, Forsyth wrote, and if Cameron won a parliamentary majority, the process would start soon after.
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