Skip to content
Saturday 15 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Friday 03 June 2016 8:45 am

EU referendum: Nick Clegg says Remain has “comprehensively” won the economic argument

By: James Nickerson

Add as a preferred source on Google

The economic argument has been "comprehensively" won by the Remain side, former deputy prime minister Nick Clegg has said.

Speaking ahead of an EU intervention later today, Clegg said: "I think the economic argument, it's fair to say objectively, has been pretty comprehensively won by those who say there will be huge economic damage and uncertainty if we leave".

Read more: With three weeks until the result, can we trust any of the EU referendum polls?

Clegg speaks after Prime Minister David Cameron's mixed performance on Sky last night. 

The Prime Minister said he would trigger exit procedures immediately after a Brexit vote but claimed it would take 10 years to reneg­ot­iate trade deals with the European Union.

"Do we want a decade of uncertainty?" he asked.

However, Northern Ireland secretary Theresa Villiers, who is pro-Leave, said that the studio audience's reaction last night shows people are "not being taken in about the scare stories about economic decline" that would be brought about by Brexit.

Read more: Dumbed down Brexit row patronises voters

On BBC Radio 4's Today programme, Clegg also said that leaving the EU will not solve immigration. 

"Pulling out of the EU won't end immigration, if you follow Australia points system they have twice the level of immigration per head of population as we do. It's a two way street, what does it mean for the 1.3m Brits in the European Union?" 

It comes after the Leave campaign this week suggested a points-based immigration system in the event of Brexit.

Later David Miliband will wade into the Remain campaign. Joining Alan Johnson in Birmingham, he will say the world invests £880 in Britain every second because of the EU.

Clegg also reiterated his claim that Boris Johnson is a version of Donald Trump with a thesaurus. "He speaks with greater panache and elegance than Trump but what he and many populists are doing is appealing to people's fears, but they're not actually providing solutions".

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Revolut takes flight with launch of new airport lounges

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

More from Morning Wire

  • Vance says ‘broken’ Britain must rebuild economy, not just change PM

    Politics
    Andy Burnham returns to Parliament
  • Gary Stevenson is right, rich people want to help Britain – here’s how to let them do it

    Opinion
    Gary Stevenson debates economist Dr Kristian Niemietz on wealth tax issues during a live event.
  • Burnham: I’ll be a pro-business Prime Minister

    Politics
    Andy Burnham speaking at Labour leadership event, addressing the audience with confidence and engaging in political discou...
  • Keir Starmer wasn’t weird enough for Westminster

    Opinion
    Keir Starmer holding a football with a World Cup logo, smiling and engaging in a sports event discussion.
  • Breaking up the science department is a setback for Britain’s AI ambitions

    Opinion
    Kanishka Narayan, wearing glasses and a suit, speaks at London Tech Week, with the event logo visible.
  • Where are Andy Burnham’s economic advisers?

    Politics
    Andy Burnham and John Healey at Number 10 North, both wearing suits and ties, with a microphone in the foreground.
  • Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum 

    Opinion
    UK-EU Brexit negotiations meeting with officials discussing trade agreements and policy impacts in a formal conference room
  • City policy chair: Blocking skyscrapers is deeply disappointing

    Opinion
    Aerial view of western city cluster development in February 2026 showcasing modern skyline and urban expansion
MorningWire

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

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

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