Sir John Major was beginning to make a habit of embarrassing Downing Street: by suggesting windfall taxes on energy companies and denouncing private school cliques. But he was on his best behaviour last night at the Institute of Directors’ annual dinner. He praised Cameron and Osborne for their ‘brave policy’, adding that their ‘unpopular policy’ had ‘been proved to be right’. He slammed Alex Salmond and the SNP.
So far so good; but, when it came to Europe, the old dog reverted to being decidedly ‘unsound’. He believes that the EU would suffer if we were to leave (which is not something that overly concerns Eurosceptics):
‘Of course, we would survive – but there would be a severe price to pay in economic well-being, in jobs, and in international prestige.
The EU would be diminished. The UK would be isolated. I am no starry-eyed Europhile but it would be a lose/lose scenario: a truly dreadful outcome for everyone.
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