European Union Referendum Bill

The hon. Gentleman would recognise that there are differences of view within the EU about its future direction. Membership of the euro is an example of that. The last Labour Government took the decision that we would not join the euro. We are still against joining the euro, and I cannot foresee any circumstances in which it would be in the British economic interest to do so; but other European countries take a different view. The challenge for Europe is to accommodate those, while keeping together 28 countries for which co-operation is vital in the modern world.