Lord Stuart Rose, one of the most respected business leader and former chief of Marks & Spencer, will lead the campaign to remain in the EU….reports Asian Lite News
Former Marks & Spencer chief Stuart Rose will lead campaign for Britain to remain in the EU.
David Cameron has promised a referendum on the issue by the end of 2017.
The prime minister held talks with German Chancellor Angela Merkel at Chequers on Friday, in which he stressed he wanted to “secure reforms and then keep the United Kingdom in a reformed EU”.
A Downing Street spokesman said Mr Cameron had noted the talks were “progressing well” but there was still “much to be worked through in order to find a solution”.
Lord Rose’s appointment comes as a review of the “costs and benefits” of the UK’s membership of the EU, to be conducted by the Treasury Select Committee, was announced.
Speaking ahead of the formal launch of the “IN” campaign group next week, Lord Rose said people would make a “hard-headed, practical calculation” in the referendum – due by the end of 2017.
“I believe that Britain is stronger in Europe. The choice in the coming referendum is between remaining stronger, safer and better off inside Europe, or taking a leap into the unknown, risking our prosperity, threatening our safety, and diminishing our influence in the world,” he said.
“I believe the case for Britain to remain in the EU is clear. So I’m delighted to join the in campaign’s board as chair and I look forward to introducing the rest of the board at our campaign event on Monday.”
The appointment of the widely-respected businessman, currently chairman of online grocer Ocado, appears designed to prevent the campaign becoming mired in party politics.
Two groups are competing to be designated by the Electoral Commission as the official ‘out’ campaign body. Vote Leave has launched with the backing of some of the biggest party donors in the country as well as prominent figures from the world of business and MPs across the political spectrum. The rival umbrella group, Leave EU, is masterminded by wealthy Ukip backer Arron Banks.
Whichever comes out on top will enjoy significant advantages including higher spending limits, campaign broadcasts, free mail shots and public funding of up to £600,000.