British business recognises that the UK belongs in the EU

The EU is an asset for Britain, not a hindrance. Unlike Tory MPs, our businesses haven't forgotten that.

"Britain could be an island completely adrift in 20 years."

Richard Branson’s new year message, including the stark warning quoted above, suggests that the silent majority of British business opinion are rousing themselves over what up until now has been a politico’s debate about Britain’s place in Europe. As Branson points out, the world is going to need its regional blocs to do its business. And as he pointed out in his interview with me in the New Statesman in July, the European Union is an asset for Britain, not a hindrance.

The truth is that the UK has never lost a vote on financial market regulation in the EU. We pay about £1 per person per week for membership, and for that don’t just get access to the world’s largest single market, but also shape its rules, and get the benefits of EU clout on global trade (trade agreements with 46 other countries). The tragedy of government rhetoric over the last two years is that it has demonised the status quo in Europe, without advancing an alternative. The fantasy island occupied by Boris Johnson of a club that is all single market and no social, environmental, or judicial cooperation doesn’t exist.

I hope the irony was not lost on anyone that the Prime Minister’s announcement of his big idea for his G8 Presidency – an EU-US trade deal – depends on, yes, the agreement of the EU operating by qualified majority. In the absence of global government, regional associations like the EU are going to become more important in the modern world.  If it looks like Britain has forgotten that, and certainly that is the impression from large swathes of the Tory party, then the rest of Europe is going to say "shut up or get out". In fact we should do neither: we should be advancing serious ideas for the EU to advance an agenda appropriate for all 28 members, including Britain.

The European Union flag flies with those of its member states in front of the European Parliament. Photograph: Getty Images.

David Miliband is the  President and CEO of the International Rescue Committee
He was foreign secretary from 2007 until 2010 and MP for South Shields from 2001 until this year. 

Photo: Getty
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Gerald Kaufman dies aged 86

Before becoming an MP, Kaufman's varied career included a stint as the NS' theatre critic.

Gerald Kaufman, the Labour MP for Manchester Gorton and former theatre critic at the New Statesman, has died.

Kaufman, who served as the MP for Manchester Gorton continuously from 1970, had a varied career before entering Parliament, working for the Fabian Society in addition to his flourishing career in journalism and as a satirist, writing for That Was The Week That Was and as a leader writer on the Mirror. In 1965, he exchanged the press for politics, working as a press officer and an aide to Harold Wilson before he was elected to parliament in 1970.

Upon Labour’s return to office in 1974, he served as a junior minister until the party’s defeat in 1979, and on the opposition frontbenches until 1992, reaching the position of shadow foreign secretary. In 1999, he was chair of the Man Booker Prize, which that year was won by JM Coetzee’s Disgrace.

His death opens up a by-election in Manchester Gorton, which Labour is expected to win. 

Stephen Bush is special correspondent at the New Statesman. His daily briefing, Morning Call, provides a quick and essential guide to British politics.