Vince Cable says having an EU referendum in 2017 is 'a seriously bad idea'
Vince Cable, the Lib Dem business secretary, is on Radio 4’s Election Call now.
Q: Will the Lib Dems make sure that, if there is another coalition with the Tories, they won’t allow this EU referendum go ahead.
Cable says the Lib Dems think a referendum in 2017 is “a seriously bad idea”. To spend two years “navel-gazing” on Europe, without knowing what the outcome would be, would be bad for business. It is “potentially very damaging”. The Lib Dems would take “a strong position” on this.
Q: Would it be a red line?
Cable says he is not going to use that phrase.
Q: The Lib Dems would veto it?
Cable says he is not saying that.
But “it is an issue of the very highest importance”.
- Cable says having an EU referendum in 2017 is “a very bad idea”.
Cable’s stance on this is very different from Nick Clegg’s, because Clegg has pointedly refused to rule out backing the Tories’ EU referendum plans, and he has never criticised them in these terms.
As Toby Helm has reported in the Observer, the Lib Dems are deeply split on this.