Why is Labour making merit out of not backing an EU referendum?
Fair play to Ed Miliband for launching Labour’s business manifesto today in Bloomberg, not perhaps the party’s natural stamping ground, at least not since the prawn cocktail initiative in 1997. And it was gutsy of it too to take out a full page advertisement in the FT – they don’t come cheap – to broadcast the party’s opposition to an EU referendum. ‘The biggest risk to British business is the threat of an EU exit. Labour will put the national interest first. We will deliver reform, not exit’, it says. Granted most British businesses, especially big ones and foreign-based ones, don’t want out of the EU. But doesn’t it seem
