Brexit would threaten economic, national security: Cameron
[LONDON] British Prime Minister David Cameron on Monday warned that Britain's departure from the European Union would threaten its economic and national security, as the pound plunged on Brexit concerns.
"Leaving Europe would threaten our economic and our national security," Mr Cameron said in a report to parliament after dozens of MPs from his own Conservative party said they will vote for Brexit, including London mayor Boris Johnson.
Mr Cameron has called for an in-out referendum on Britain's EU membership after securing a deal on reforms at a summit in Brussels last week.
"When it comes to people's jobs it is simply not enough to say it will be all right on the night and we will work it out," he told parliament.
"We need to properly face up to the economic consequences of a choice to leave," he said, warning that it would be "a great leap into the unknown".
Mr Cameron also warned about global threats from Russia and the Islamic State group, saying: "The challenges facing the West today are genuinely threatening... In my view this is no time to divide the West."
In a barb at London mayor and Conservative party rival Boris Johnson, who declared on Sunday that he would vote to leave the EU, Mr Cameron said: "I have no other agenda that what is best for our country."
Mr Johnson, who is seen as a potential successor to Mr Cameron as Conservative leader and prime minister, has been accused of pursuing political ambitions with his decision.
AFP
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Philippines’ Recto sees rate-cut delay risk if peso sinks to 59
Ecuador president declares state of emergency over energy crisis
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising