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Blair - had high hopes of being EU Council president (Photo: Center for American Progress)

Business leaders back Blair warning on referendum 'chaos'

British political leaders have traded blows about the merits of an EU referendum, after the business community appeared to back Tony Blair's suggestion the referendum would cause “chaos" and discourage firms from investing in the UK.

In a speech on Tuesday (7 April), the former Labour prime minister said the threat of leaving the bloc would leave a “pall of unpredictability hanging over the British economy.”

The intervention by Blair, who praised Labour leader Ed Miliband for hav...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Blair - had high hopes of being EU Council president (Photo: Center for American Progress)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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