Lord Mayor of London’s Warning to Euro-sceptic Tories

‘Scepticism about Europe — or even disengagement — is yesterday’s game,’ the Lord Mayor of London declared last night at his banquet speech at the Guildhall in the heart of the City of London, the financial district. ‘We need to be at the table shaping the future or others will,’ he added. His remarks, which were a scarcely veiled attack on David Cameron’s Conservatives and their persistent Euro-scepticism, was warmly applauded by the City figures present, many of whom would normally be natural Tories, but who are horrified at the way an incoming Conservative government might further distance Britain from the European mainstream. That could have a catastrophic effect on jobs and investment in London, as well as giving a boost to rival financial and business centres on the continent. Labour was not spared some of the Lord Mayor’s advice either, as he urged the Goverment to engage more enthusiastically with Brussels, to stop European rivals from choking off the City. But with the wind apparently blowing into the Tories’ sails in the run-up to the general election, we can be sure that it will be David Cameron’s office that will get more heavily lobbied by the City. And quite right too!

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