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UK leaders favour EU on improved GDP - Investec

FXStreet (Guatemala) - Jonathan Pryor, Corporate Treasury Analyst at Investec noted yesterdays speeches from Cameron and Millaband on the EU.

Key Quotes:

"Yesterday’s main events were speeches made to the CBI by David Cameron and Ed Milliband who both for once seemingly agreed on something along with the business leaders in the audience, and that leaving Europe would be bad for the UK’s prosperity and ‘would close us off from the rest of the world’.

“Some would argue that leaving the EU would allow the UK to strengthen relations with the likes of Brazil, India and China with David Cameron having already promise a referendum on EU membership”.

“However despite the uproar over the EU demand for an additional UK financial contribution to the EU, after UK GDP was revised up over recent years, it would seem with many UK politicians still favour EU membership."

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