UK and the EU

Top executives have warned U.K. Prime Minister David Cameron that he could damage Britain’s economy if he seeks to renegotiate the terms of its membership of the 27-country European Union. In a letter published in the Financial Times Wednesday, Virgin Group’s Richard Branson, London Stock Exchange head Chris Gibson-Smith, WPP chief executive Martin Sorrell and seven other business leaders challenged Cameron’s plan to renegotiate the U.K.’s membership terms of the 27-country EU and put the matter to a referendum.  The executives warn that such a plan could fail, pushing the U.K. out of the EU and hurting business in the process.  Article eu

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