No. Unlike the hon. Gentleman, if I lose an election or a referendum, I recognise the result. The fact is we lost the election. There will be a referendum and the best thing that we who believe in the European Union can do is to get into the fight and build a strong yes campaign. It is a pity that Scottish nationalists do not accept the result of the referendum they lost last year.
The problem we face is fundamental: the two major countries within the European Union—Germany and France—may be preoccupied with internal political campaigns and processes at precisely the time when we might be concluding the most difficult part of the renegotiation strategy. The solution might be to bring forward the referendum, as amendment 50 suggests, to before the end of 2016. That would still give time for the renegotiation to proceed, and for the Government to have a piece of paper to wave, saying it is a protocol that can be implemented later in future treaty reform, but not at that time. It could still provide the fig leaf that the Prime Minister will need if he is to claim that he has fundamentally renegotiated the terms of our membership. It will also give enough time for a considered campaign to ensure that there is a clear majority for our country staying within the European Union.
The other advantage of bringing forward the referendum is that it cuts the period of uncertainty for the Koreans, the Americans, the Chinese and the other countries wishing to invest in the United Kingdom. They would have less uncertainty than they would have if we left the referendum to the end of 2017. One of the strongest arguments against a referendum is the economic and political uncertainty it engenders. If foreign investors, or people planning long-term investment projects, think there is no guarantee that the United Kingdom will remain in the European Union, they will not give priority to investing in our country. They will hold back, or choose to go to a country such as Ireland, the Netherlands or France, where there is certainty over their continuing membership of the European Union.
2.15 pm
Reference was made earlier to the position of Norway and Switzerland. One of the great failings of those who believe that we should be outside the European Union is that they have failed to define what we are going out to.