Cameron to Campaign Against `Brexit' as Welfare Deal Offered

  • Provisional agreement covers migration and sovereignty issues
  • U.K. prime minister needs to win over all EU leaders at summit

Brexit: Will London Remain Center of Finance?

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British Prime Minister David Cameron said he’s ready to campaign to keep the U.K. in the European Union after its president, Donald Tusk, issued a draft proposal that includes a way to restrict the payment of benefits to foreign workers.

As well as offering a four-year “emergency brake” on welfare for new migrants from the EU, Tusk’s plan sets out safeguards to shield the U.K. financial system from interference by euro-area regulators and more powers for national parliaments.