“Having the UK be part of Europe is the best thing for all of us,” said Goldman president Gary Cohn recently.
But now the warnings are coming from a somewhat different corner of the economic and political spectrum – former Labour MP Denis MacShane. Previously a minister for Europe, MacShane – who in 2012 quit over expenses fraud, and was later jailed – is aiming to bounce back with a new book, outlining how a so-called Brexit will likely happen if the Tory party gets back into power and delivers it pledge for a referendum on EU membership.
“The complacency of the pro-EU elites in London is part of the problem,” MacShane told The Capitalist. “In a populist plebiscite passions take over that do not conform to rational common-sense decision-making.” The book is published this week by IB Tauris .