The pound hit its lowest level against the dollar in almost seven years on concerns about a possible UK exit from the European Union. At one stage the pound was down as much as 2.4% at $1.4058, its lowest level since March 2009, before later recovering.
Prime Minister David Cameron hailed on Friday a landmark special status deal for Britain in the EU, and pledged to campaign heart and soul to stay in the block in a historic referendum scheduled for June.
by David Cameron (*) - Britain is going to hold a referendum on whether to stay in the European Union. Support for our membership has declined over many years, so I am negotiating changes in 4 areas which will directly address the concerns of the British people. But I believe these changes can build a stronger EU that will benefit all 28 member states. Let me explain.
Britain's David Cameron has urged EU leaders to show “flexibility” and “work together” to help him reduce migration numbers. The PM said “unprecedented” levels of immigration were “undermining support for the European Union” in the UK. Cameron presented his bid to reform the EU for over half-an-hour at dinner at the European Council summit in Brussels.
Prime Minister David Cameron on Tuesday formally laid out Britain’s conditions for remaining in the European Union, seeking changes in his country’s relationship with Brussels that he is betting are substantial enough to win over a majority of British voters but modest enough for the rest of Europe to swallow.
A group of British business leaders and entrepreneurs are preparing to launch a campaign for Britain to leave the European Union at a planned membership referendum, a major donor to the UK Independence Party said.
David Cameron is starting a tour of European capitals as a bill paving the way for the UK's EU referendum is launched in the House of Commons. The British PM will attempt to persuade the Dutch, French, Polish and German premiers to back his changes to the UK's EU membership.
Gibraltarians will be able to vote in Britain’s referendum on whether to sever ties with the European Union. The franchise for referendum, promised by Prime Minister David Cameron by the end of 2017, will be based on that for a UK general election - meaning Irish, Maltese and Cypriots resident in the UK will get a vote, but other EU citizens will not.