EU referendum: Vote Leave group launches campaign for Britain's exit from the European Union

Cameron is trying to renegotiate the terms of Britain's membership to the EU (Source: Getty) (Source: Getty)

A new cross-party campaign group formed to push for Britain's exit from the European Union (EU) has launched, including Conservatives for Britain, Labour Leave and Business for Britain.

The aptly-titled "Vote Leave" unites three of the main groups pushing for an exit, and has drawn a range of politicians, including Douglas Carswell of Ukip.

Notable City supporters include hedge fund manager Crispin Odey, venture capitalist Luke Johnson and Numis Securities chief executive Oliver Hemsley.

Read more: David Cameron "hasn't got anywhere" with EU negotiations

Politically the group has the support of Steve Baker, co-chairman of Conservatives for Britain as well as senior Conservative MPs Bernard Jenkin and Owen Paterson and Labour MP John Mills.

Millionaire donors including founder of CMC Markets and Tory Donor Peter Cruddas are on board, as well as Labour donor John Mills and Ukip donor Stuart Wheeler.

Read more: Capital Economics says Brexit after the EU referendum will not stop the City from prospering

"We must end the supremacy of EU law over UK law. If we vote to leave, then the £350m we send to Brussels every week can be spent on our priorities like the NHS," co-chair of the Labour Leave campaign Kate Hoey said.

"I want to see a campaign which brings together those from all parts of the UK who want to take back control of our countries’ laws to the British parliament," she added.

The maximum salary for jobs in the campaign will be £99,000, so those giving money to the campaign "know it is going to the campaign - not to huge six figure salaries".

The first campaign video has been released, which can be viewed below:

Prime Minister David Cameron is trying to renegotiate the terms of Britain's membership to the EU before holding an in-out referendum by the end of 2017, which many on the "Out" side say he will fail to do.

A poll by ICM released by Vote Leave to coincide with the launch of their campaign shows that "In" only has a marginal lead of 53 per cent against the "Out" campaign which has 47 per cent of support.

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