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. 

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New Digital Editor: Serena Kutchinsky

The New Statesman appoints Serena Kutchinsky as Digital Editor.

Serena Kutchinsky is to join the New Statesman as digital editor in September. She will lead the expansion of the New Statesman across a variety of digital platforms.

Serena has over a decade of experience working in digital media and is currently the digital editor of Newsweek Europe. Since she joined the title, traffic to the website has increased by almost 250 per cent. Previously, Serena was the digital editor of Prospect magazine and also the assistant digital editor of the Sunday Times - part of the team which launched the Sunday Times website and tablet editions.

Jason Cowley, New Statesman editor, said: “Serena joins us at a great time for the New Statesman, and, building on the excellent work of recent years, she has just the skills and experience we need to help lead the next stage of our expansion as a print-digital hybrid.”

Serena Kutchinsky said: “I am delighted to be joining the New Statesman team and to have the opportunity to drive forward its digital strategy. The website is already established as the home of free-thinking journalism online in the UK and I look forward to leading our expansion and growing the global readership of this historic title.

In June, the New Statesman website recorded record traffic figures when more than four million unique users read more than 27 million pages. The circulation of the weekly magazine is growing steadily and now stands at 33,400, the highest it has been since the early 1980s.