Almost One in Five U.K. Companies Favor Leaving EU
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Almost one in five U.K. companies favor Britain pulling out of the European Union because it would have a positive impact on their business, according to a survey.
The British Chambers of Commerce said today its polling of 4,387 companies showed 18 percent say full withdrawal from the EU could have a positive impact, while 33 percent favor pulling out and renegotiating a free-trade deal. The biggest majority, 64 percent, back Prime Minister David Cameron’s approach of remaining inside the 27-nation union while repatriating some powers.
“These findings suggest that U.K. businesses increasingly feel that some sort of change to Britain’s relationship with the EU is needed to boost our trading prospects,” the lobby group’s director general, John Longworth, said in a statement in London.
Cameron pledged in January to hold a referendum on Britain leaving the European Union, saying backing for the status quo in Europe was “wafer thin.” He promised a popular vote by the end of 2017 if re-elected in two years and once he has negotiated a return of some powers to the U.K.
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