Ed Miliband warns businesses of Tory EU referendum 'danger'

Posted On: 
30th March 2015

Ed Miliband has accused the Conservatives of “playing political games” through their plans for a referendum on Britain’s membership of the European Union.

The Labour leader launched his party’s business manifesto in London today. He focused his speech on what he claims will be a period of uncertainty in the run-up to the Tories’ proposed 2017 date for a vote.  

“There could be nothing worse for our country or for our great exporting businesses than playing political games with our membership in Europe,” Mr Miliband said.

“It is a recipe for two years of uncertainty in which inward investment will drain away, two years of chaos in which businesses will not be able to plan for the future, and two years of wasted opportunities for progress, for profit, for prosperity: a clear and present danger to British jobs, British business and British prosperity.”

Shadow Business Secretary Chuka Umunna said continued membership of the EU was "the most important thing for most of our businesses".

He said: “Increasingly what we have seen with the Conservative party is a Conservative party that in many have been taken hostage by Nigel Farage and Ukip and seeks to creep towards the exit door which would be an absolute disaster for British businesses.”

Labour has taken out a full-page advert in the Financial Times to promote its business message.


Nick Clegg refuses to comment on EU referendum 'red line'

Labour donor tells Ed Miliband to be more right-wing

David Blunkett questions whether Ed Miliband can see off SNP threat