Mandy Calls For EU Referendum
Britain should be ready to join the euro within a decade, Lord Mandelson will say today when he calls for a referendum to reshape the UK’s relationship with Europe for the next generation.
“A nation of ‘reluctant’ Europeans will have to confront a choice between taking part in greater integration, including joining the euro, or an uncertain future.”
Staying outside such a bloc or quitting the European Union altogether would amount to the same thing, Lord Mandelson will say. Either way, Britain would have to meet EU standards to trade with Europe but would have little or no voice in defining them.
The peer is also expected to say that the public needs to engage with what is at stake. He is the most senior Labour figure to back a referendum on Britain’s future relationship with Europe, arguing that the mandate secured by Edward Heath in the 1970s has run out. “It belongs to another time and another generation.”