Skip to content
Sunday 23 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,816.56
+0.64%
DAX
26,136.56
+0.59%
CAC 40
8,484.43
+0.37%
STOXX 50
6,462.22
+0.63%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 22 February 2016 10:48 am

EU referendum: Full text of letter signed by FTSE 100 bosses backing Prime Minister David Cameron’s reform efforts is leaked

By: Lauren Fedor

Add as a preferred source on Google

It was first reported over the weekend that up to half of Britain's biggest businesses will voice their support for Prime Minister David Cameron's campaign to keep the UK in the European Union by putting their names to an open letter backing the reforms Cameron secured in Brussels last week.

Now it looks like the full text of that letter has been leaked ahead of its planned publication date.

Guido Fawkes is running a draft letter sent to blue-chip bosses by Downing Street business adviser Chris Hopkins yesterday. It is expected to appear in tomorrow’s Times, with signatories including senior figures from Shell, BAE Systems, BT and Rio Tinto.

From: Chris Hopkins
Sent: 21 February 2016
To: XXXXX

Dear Sirs

We run businesses representing every sector and region of the United Kingdom. Together we employ hundreds of thousands of people across the country.

Following the Prime Minister’s renegotiation, we believe that Britain is better off staying in a reformed European Union. He has secured a commitment from the EU to reduce the burden of regulation, deepen the single market and to sign off crucial international trade deals.

Businesses like ours need unrestricted access to the European market of 500 million people in order to continue to grow, invest and create jobs. We believe that leaving the EU would deter investment and threaten jobs. It would put the economy at risk.

We believe Britain will be stronger, safer and better off remaining a member of the European Union.

Give me a call if you have any issues.

Regards,

Chris

Cameron is set to make his case for the UK remaining in the EU when he addresses MPs in the House of Commons at 3:30pm today. He is expected to face difficult questions from members of his own party, with eurosceptic groups saying that nearly one-half of Conservative MPs will go against the government and back Brexit.

Six Cabinet ministers, including justice secretary Michael Gove, said they would campaign for the UK to leave the EU on Saturday, while mayor of London Boris Johnson dealt Cameron another blow last night when he confirmed that he would also back Brexit.

Tory mayoral candidate Zac Goldsmith has also thrown his weight behind the "Leave" campaign.

Writing exclusively in today’s Morning Wire, Goldsmith said Cameron’s deal “does not go far enough”.

“We would be better off out of the EU, and I will be voting to leave,” Goldsmith said. “I recognise that opinion in London is at best divided on this issue, and as a mayoral candidate, it would be easier for me to quietly U-turn.

“But I didn’t get involved in politics to test every idea with pollsters, flip flop on the big issues and then carry on regardless once elected.”

Goldsmith conceded that many of Britain’s biggest businesses would disagree with his view, but added “business does not speak with one voice”, citing figures showing that most of the capital’s small and medium-sized firms say EU regulation makes it harder for them to hire.

“And a growing number of large businesses have stated that Britain would flourish, or at least not be disadvantaged by leaving the EU,” he added.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Can debt-ridden Morrisons become a Big Four supermarket again?

  • Ratcliffe’s Ineos saves Runcorn plant

  • Mike Ashley’s Frasers offers to pay personal shoppers in Harvey Nichols takeover

  • Amazon says it buys books in bulk to ‘improve products’

  • Burnham predicted to raise taxes for ‘fundamental’ cost of living support

More from Morning Wire

  • Back bookshops in bid to rebuild high streets, Burnham urged

    Retail
    Bloomsbury has reported results ahead of consensus expectations
  • Top economists shun Burnham over wealth taxes

    Politics
    Andy Burnham speaking at a press conference, expressing confidence despite challenges, highlighting leadership and resilie...
  • Burnham urged to axe tourist tax expansion in devolution drive

    Hospitality
    Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.
  • Fifa crisis: Europe, North America and Asia unite to call for Infantino to quit

    Sport Business
    Gianni Infantino, FIFA President, raising both hands, wearing a suit with a World Cup pin.
  • Meet the top lawyer challenging Gianni Infantino’s Fifa power play

    Law
    Gianni Infantino, FIFA President, waves to a crowd with a blue and gold patterned background
  • PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

    Property
    Architectural rendering of a modern building with a curved roof, balconies, and a landscaped terrace with city skyline views.
  • Tory and Labour councillors spar over £300m Hammersmith Bridge plans

    Politics
    Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...
  • Jonathan Reynolds’ industrial strategy is straight out of the 60s

    Opinion
    Labour's Jonathan Reynolds unveiled the industrial strategy in June.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook