🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Britain will be constructive but firm with EU - Osborne

Published 12/05/2015, 08:30
Updated 12/05/2015, 08:32
© Reuters. George Osborne arrives at 10 Downing Street as Britain's Prime Minister David Cameron begins to appoint his cabinet after securing a majority goverment, in central London

BRUSSELS (Reuters) - British Finance Minister George Osborne said on Tuesday that the new British government would be constructive but firm in negotiations with other EU partners to reform the European Union before a British referendum on its membership of the bloc.

"(We have) a very clear mandate to improve Britain's relationship with the rest of the EU and to reform the EU so that it creates jobs and increases living standards for all its citizens," Osborne told reporters before a meeting of EU finance ministers in Brussels.

Osborne said no one could be in any doubt that Britain would hold a referendum on its membership of the European Union having conducted negotiations. A vote on membership has been promised by 2017.

© Reuters. George Osborne arrives at 10 Downing Street as Britain's Prime Minister David Cameron begins to appoint his cabinet after securing a majority goverment, in central London

"We go into the negotiations aiming to be constructive and engaged, but also resolute and firm and no one should underestimate our determination to succeed for the working people of Britain, indeed the working people of the whole of the European Union."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.