Monday 16 September 2013
The vast majority of UK businesses believe Britain needs to stay in the European Union (EU), the Confederation of British Industry (CBI) has discovered.
Some 400 businesses were surveyed by the body, with just ten per cent believing it is in their interests to leave the EU.
Despite frustrations over the current relationship with Europe, and the burden of some regulations - particularly employment law - company bosses expressed the view that the positives of membership outweigh the negatives.
Some 71 per cent of respondents said the UK’s membership has had a positive or very positive impact on their businesses, with 16 per cent saying it makes no difference.
John Cridland, CBI director-general, said this sends a clear message that businesses large and small support UK membership of the EU.
"Firms want what is best for jobs and growth, and there is genuine concern that an exit would hit business investment and access to the world’s largest trading bloc," he stated.
“The UK should take the lead on the push for reform and make sure rules are evenly applied across the EU."
Mr Cridland accepted that companies have "some serious concerns" about the EU, but ultimately they want the UK "inside the tent winning the argument for reform".
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Posted by Dan Smith